BorgWarner Sees FY24 Revenue $14B-$14.2B Vs $14.26B Est.
Portfolio Pulse from Benzinga Newsdesk
BorgWarner has projected its fiscal year 2024 revenue to be between $14 billion and $14.2 billion, which is slightly below the estimated $14.26 billion.
October 31, 2024 | 10:54 am
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BorgWarner's FY24 revenue projection of $14B-$14.2B is slightly below the market estimate of $14.26B, which may lead to a cautious market reaction.
The revenue forecast is a key indicator of future performance. BorgWarner's projection being below estimates may lead to negative sentiment among investors, potentially impacting the stock price negatively in the short term.
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