Garrett Motion Q4 2023 GAAP EPS $0.22, Inline,
Portfolio Pulse from Benzinga Newsdesk
Garrett Motion (NASDAQ:GTX) reported Q4 2023 earnings of $0.22 per share, meeting analyst consensus. Quarterly sales were $945 million, slightly missing the consensus estimate of $946 million by 0.11%, but marking a 5.23% increase from the previous year.
February 15, 2024 | 12:01 pm
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Garrett Motion reported Q4 2023 earnings per share of $0.22, aligning with expectations, and a slight miss in sales forecasts, with a 5.23% year-over-year increase.
Meeting earnings expectations typically stabilizes stock prices, while a slight miss in sales forecasts might not significantly impact investor sentiment, especially with a notable year-over-year sales increase.
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