Autoliv Q2 Adj EPS $1.93 Beats $1.43 Estimate, Sales $2.63B Beat $2.54B Estimate
Portfolio Pulse from Benzinga Newsdesk
Autoliv (NYSE:ALV) reported Q2 adjusted earnings of $1.93 per share, beating the analyst consensus estimate of $1.43 by 34.97%. This is a 114.44% increase from the same period last year. The company also reported quarterly sales of $2.63 billion, beating the analyst consensus estimate of $2.54 billion by 3.74%, a 26.62% increase from the same period last year.
July 21, 2023 | 10:05 am
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POSITIVE IMPACT
Autoliv's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock.
Autoliv's Q2 earnings and sales have significantly exceeded analyst estimates, indicating a strong financial performance. This positive news is likely to increase investor confidence and could potentially lead to a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100