BorgWarner (BWA) Q1 Earnings Beat Estimates, Guidance Revised
BWABorgWarner(BWA) Zacks Investment Research·2024-05-03 01:16

BorgWarner Inc. (BWA) reported adjusted earnings of $1.03 per share for first-quarter 2024, down from $1.09 per share recorded in the prior-year quarter. The bottom line, however, surpassed the Zacks Consensus Estimate of 87 cents.The automotive equipment supplier reported net sales of $3.6 billion, beating the Zacks Consensus Estimate of $3.52 billion. The top line, however, declined 13.9% year over year.Segmental PerformanceAir Management: Net sales totaled $2.03 billion in the reported quarter compared w ...