Aptiv Earlier Reported Q3 2024 Adj. EPS $1.83 Beats $1.68 Estimate, Sales $4.854B Miss $5.205B Estimate
Portfolio Pulse from Benzinga Newsdesk
Aptiv reported Q3 2024 earnings per share of $1.83, surpassing the analyst estimate of $1.68. However, its sales of $4.854 billion fell short of the expected $5.205 billion, marking a 5.08% decrease from the previous year.
October 31, 2024 | 12:26 pm
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Aptiv's Q3 2024 earnings per share exceeded expectations, but sales fell short, indicating mixed financial performance.
Aptiv's earnings per share beat expectations, which is positive for the stock. However, the sales miss and year-over-year decline in revenue could offset this positive sentiment, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100