Aptiv Q2 Adj $1.58 Beats $1.42 Estimate, Sales $5.05B Miss $5.31B Estimate
Portfolio Pulse from Benzinga Newsdesk
Aptiv (NYSE:APTV) reported Q2 earnings of $1.58 per share, beating the analyst estimate of $1.42. However, sales of $5.05 billion missed the $5.31 billion estimate.
August 01, 2024 | 10:47 am
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Aptiv reported Q2 earnings of $1.58 per share, beating the analyst estimate of $1.42. However, sales of $5.05 billion missed the $5.31 billion estimate. This mixed result may lead to short-term volatility in the stock price.
The earnings beat is a positive sign, but the sales miss could cause concern among investors. The mixed results are likely to create short-term volatility in the stock price as the market digests the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100