BorgWarner Q2 Adj EPS $1.35 Beats $1.14 Estimate, Sales $4.52B Beat $4.39B Estimate
Portfolio Pulse from Benzinga Newsdesk
BorgWarner (NYSE:BWA) reported Q2 adjusted earnings of $1.35 per share, beating the analyst consensus estimate of $1.14 by 18.42%. This is a 28.57% increase from the same period last year. The company also reported quarterly sales of $4.52 billion, beating the analyst consensus estimate of $4.39 billion by 2.96%, a 20.24% increase from the same period last year.
August 04, 2023 | 10:49 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
BorgWarner'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 price in the short term.
BorgWarner's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The significant increase in earnings and sales compared to the same period last year further strengthens this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100