Recap: Visteon Q1 Earnings
Portfolio Pulse from Benzinga Insights
Visteon (NASDAQ:VC) reported strong Q1 earnings with a 900% increase in EPS to $0.56, beating estimates. Revenue rose 16.02% to $746 million, also surpassing expectations. Despite the positive results, the stock remained unaffected. No guidance was provided.
April 29, 2021 | 11:31 am
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Visteon reported a significant increase in Q1 earnings, with EPS up 900% and revenue up 16%, both beating estimates. Despite these strong results, the stock price remained unchanged.
Visteon's Q1 earnings showed a substantial improvement with EPS and revenue both exceeding expectations. However, the lack of movement in the stock price suggests that the market had already priced in these results or is waiting for future guidance.
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