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 1.03pershareforfirstquarter2024,downfrom1.03 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 3.6billion,beatingtheZacksConsensusEstimateof3.6 billion, beating the Zacks Consensus Estimate of 3.52 billion. The top line, however, declined 13.9% year over year. Segmental Performance Air Management: Net sales totaled $2.03 billion in the reported quarter compare ...