SOUTHFIELD, Mich., May 22, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on June 11, 2025, at the Wells Fargo Industrials and Materials Conference in Chicago.Representing Lear will be: Ray Scott, President and CEO Jason Cardew, SVP and Chief Financial OfficerThe live webcast will begin at 11:15 AM EDT and will run approximately 35 minutes. The webcast link will be available on the Company's website at ir ...

Have you looked into how Lear (LEA) performed internationally during the quarter ending March 2025? Considering the widespread global presence of this automotive seating and electrical distribution systems company, examining the trends in international revenues is essential for assessing its financial resilience and prospects for growth.In the modern, closely-knit global economic landscape, the capacity of a business to access foreign markets is often a key determinant of its financial well-being and growth ...

Lear Corporation (LEA) , a supplier of automotive seating and electrical systems (E-Systems), is struggling with economic uncertainty and labor scarcity for wire harness production in the United States.Let us see why you should offload this Zacks Rank #4 (Sell) stock from your portfolio.Uncertain Macro Backdrop, Labor Scarcity to Hurt LEAOngoing global trade negotiations are creating uncertainty for the economy and the automotive industry. Lear is managing both direct tariff impacts and unclear indirect eff ...

Lear Corp. (LEA) reported its first quarter 2025 adjusted earnings per share of $3.12, which beat the Zacks Consensus Estimate of $2.64, thanks to higher-than-expected revenues and profits from the Seating segment. The bottom line, however, decreased from $3.18 reported in the year-ago quarter. In the reported quarter, revenues decreased 7.24% year over year to $5.56 billion but surpassed the Zacks Consensus Estimate of $5.55 billion.Segmental PerformanceSales of the Seating segment totaled $4.15 billion in ...

Lear (LEA) reported $5.56 billion in revenue for the quarter ended March 2025, representing a year-over-year decline of 7.2%. EPS of $3.12 for the same period compares to $3.18 a year ago.The reported revenue represents a surprise of +0.09% over the Zacks Consensus Estimate of $5.56 billion. With the consensus EPS estimate being $2.64, the EPS surprise was +18.18%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectati ...

Lear (LEA) Q1 2025 Earnings Call May 06, 2025 09:00 AM ET Company Participants Timothy Brumbaugh - VP of IRRay Scott - President, CEO & DirectorJason Cardew - Senior VP & CFOJoseph Spak - Managing DirectorJohn Murphy - Managing Director Conference Call Participants Dan Levy - Senior Equity Research AnalystEmmanuel Rosner - Managing Director - Senior Autos & Auto Technology AnalystColin Langan - Automotive & Mobility AnalystItay Michaeli - Equity Analyst Operator Good morning, everyone, and welcome to the Le ...

Lear (LEA) Q1 2025 Earnings Call May 06, 2025 09:00 AM ET Speaker0 Good morning, everyone, and welcome to the Lear Corporation First Quarter twenty twenty five Earnings Conference Call. All participants will be in a listen only mode. After today's presentation, there will be an opportunity to ask questions. Please also note today's event is being recorded. I would now like to turn the conference call over to Tim Brumbaugh, Vice President, Investor Relations. Please go ahead. Speaker1 Thanks, Jamie. Good mor ...

May 6, 2025 First Quarter 2025 Financial Results Ray Scott, President and CEO Jason Cardew, Senior Vice President and CFO Lear Proprietary: The information contained herein is the property of Lear Corporation. Safe Harbor Statement Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding anticipated financial results and liquidity. The words "will," "may," "designed to," "outloo ...

Financial Performance - Revenue for Q1 2025 was $5.6 billion, a decrease of 7% compared to $6.0 billion in Q1 2024[4] - Net income for Q1 2025 was $81 million, down from $110 million in Q1 2024, with adjusted net income at $169 million compared to $183 million[4] - Core operating earnings were $270 million, representing 4.9% of sales, compared to $280 million or 4.7% of sales in Q1 2024[6] - Earnings per share were $1.49, down from $1.90 in Q1 2024, while adjusted earnings per share were $3.12 compared to $3.18[10] - Total net sales for Q1 2025 were $5,560.3 million, a decrease of 7.2% compared to $5,994.6 million in Q1 2024[29] - North America net sales decreased to $2,248.8 million from $2,475.9 million, representing a decline of 9.2%[29] - Seating segment net sales were $4,151.1 million, down from $4,477.6 million, a decrease of 7.3%[33] - E-Systems segment net sales decreased to $1,409.2 million from $1,517.0 million, a decline of 7.1%[33] Cash Flow and Operating Activities - Net cash used in operating activities was $(128) million, and free cash flow was $(232) million, compared to $(35) million and $(148) million in Q1 2024[10] - Free cash flow for Q1 2025 was $(231.7) million, compared to $(148.2) million in Q1 2024, indicating a worsening cash flow situation[29] Business Operations and Market Conditions - Operating margins increased year-over-year for both Seating and E-Systems segments, with approximately 125 basis points in Seating and approximately 155 basis points in E-Systems[4] - Awarded business in E-Systems totaling over $750 million in average annual sales[4] - Global vehicle production was up 1% year-over-year, with North America down 5%, Europe down 7%, and China up 12%[6] Shareholder Actions - Lear repurchased $25 million of shares during Q1 2025, with a remaining share repurchase authorization of approximately $1.1 billion[11] Financial Outlook - The company did not reaffirm its 2025 financial outlook due to uncertainty in industry production caused by evolving tariff environments[13] Assets and Liabilities - Total assets increased to $14,623.3 million in Q1 2025 from $14,027.5 million in Q4 2024, an increase of 4.3%[27] - Total liabilities and equity also rose to $14,623.3 million in Q1 2025 from $14,027.5 million in Q4 2024, reflecting a 4.3% increase[27] Adjusted Financial Metrics - Adjusted net income for Q1 2025 was $169.3 million, compared to $183.2 million in Q1 2024, a decline of 7.9%[31] - Diluted net income per share available to Lear decreased to $1.49 from $1.90, a drop of 21.6% year-over-year[31] - Core operating earnings for Q1 2025 were $270.4 million, down from $279.8 million in Q1 2024, reflecting a decrease of 5.0%[29]

Core Insights - Lear Corporation reported a solid start to 2025 with improved operational margins in both Seating and E-Systems segments despite lower industry production in key markets [3][4] - The company is facing challenges due to changes in global tariffs, which have created uncertainty in the automotive industry and impacted the cost structure of the supply chain [3][4] - Lear is focused on maintaining long-term competitiveness by managing near-term challenges, winning new business, and investing in automation and restructuring [3][4] Financial Performance - Total sales for Q1 2025 were $5,560.3 million, a decrease of 7% from $5,994.6 million in Q1 2024 [4][5] - Net income for Q1 2025 was $80.7 million, down from $109.6 million in the same period last year [4][5] - Adjusted net income was $169.3 million compared to $183.2 million in Q1 2024, with adjusted earnings per share at $3.12, down from $3.18 [4][5][8] Segment Performance - In the Seating segment, net sales were $4,151.1 million with segment margins of 5.2% and adjusted margins of 6.7% [34][35] - The E-Systems segment reported net sales of $1,409.2 million, with segment margins of 3.9% and adjusted margins of 5.2% [34][35] - Both segments experienced year-over-year margin improvements driven by efficiency gains and restructuring efforts [5][8] Cash Flow and Share Repurchase - Net cash used in operating activities was $(128) million, and free cash flow was $(232) million, compared to $(35) million and $(148) million in Q1 2024, respectively [5][9] - The company repurchased $25 million of shares during the quarter and had a remaining share repurchase authorization of approximately $1.1 billion [11][12] Market Outlook - Due to the uncertainty in industry production caused by evolving tariff environments, Lear is not reaffirming its 2025 financial outlook at this time [13] - The company remains confident in delivering its operating performance commitments as highlighted in previous earnings calls [13]