BorgWarner Q3 2024 Adj. EPS $1.09 Beats $0.92 Estimate, Sales $3.595B Beat $3.508B Estimate
Portfolio Pulse from Benzinga Newsdesk
BorgWarner reported Q3 2024 earnings per share of $1.09, surpassing the analyst estimate of $0.92. The company's sales were $3.595 billion, exceeding the expected $3.508 billion, despite a slight year-over-year decrease.
October 31, 2024 | 10:32 am
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POSITIVE IMPACT
BorgWarner's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $1.09 and sales at $3.595 billion. This positive performance may boost investor confidence despite a slight year-over-year sales decline.
BorgWarner's earnings per share and sales both exceeded analyst expectations, which is typically viewed positively by investors. The beat on both EPS and sales suggests strong operational performance, likely leading to a positive short-term impact on the stock price. The slight year-over-year sales decline is a minor concern but is overshadowed by the earnings beat.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100