Shares of Lear Corp. (LEA) fell 4% since it reported its third-quarter 2024 results. The company reported adjusted earnings per share of $2.89, which increased from $2.87 recorded in the year-ago quarter and beat the Zacks Consensus Estimate of $2.57. In the reported quarter, revenues decreased 3% year over year to $5.58 billion but surpassed the Zacks Consensus Estimate of $5.52 billion.Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar.Segment PerformanceSales of the Seating segment ...

Have you evaluated the performance of Lear's (LEA) international operations for the quarter ending September 2024? Given the extensive global presence of this automotive seating and electrical distribution systems company, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential 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 ...

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Lear (LEA) reported $5.58 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 3.4%. EPS of $2.89 for the same period compares to $2.87 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $5.52 billion, representing a surprise of +1.24%. The company delivered an EPS surprise of +12.45%, with the consensus EPS estimate being $2.57.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...

LEAR Making every drive better™ October 24, 2024 Third Quarter 2024 Financial Results Ray Scott, President and CEO Jason Cardew, Senior Vice President and CFO 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," "outlook," "believes," "should," "anticipates," "plans," " ...

Lear Corporation. (NYSE:LEA) Q3 2024 Earnings Conference Call October 24, 2024 8:00 AM ET Company Participants Tim Brumbaugh - Vice President, Investor Relations Ray Scott - President and Chief Executive Officer Jason Cardew - Senior Vice President and Chief Financial Officer Conference Call Participants Joe Spak - UBS John Murphy - Bank of America Mark Delaney - Goldman Sachs Colin Langan - Wells Fargo James Picariello - BNP Paribas Trevor Young - Barclays Operator Good morning, everyone and welcome to the ...

Lear (LEA) came out with quarterly earnings of $2.89 per share, beating the Zacks Consensus Estimate of $2.57 per share. This compares to earnings of $2.87 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.45%. A quarter ago, it was expected that this automotive seating and electrical distribution systems company would post earnings of $3.34 per share when it actually produced earnings of $3.60, delivering a surprise of 7.78% ...

FOR IMMEDIATE RELEASE Lear Contacts: Marianne Vidershain (248) 447-5541 Tim Brumbaugh (248) 447-1329 Lear Reports Third Quarter 2024 Results SOUTHFIELD, Mich., October 24, 2024 -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2024. Third Quarter 2024 Highlights • Delivered revenue of $5.6 billion in the third quarter, compared to $5.8 billion in the third quarter of 2023 • Total company revenue outperformed industry ...

SOUTHFIELD, Mich., Oct. 24, 2024 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2024.Third Quarter 2024 HighlightsDelivered revenue of $5.6 billion in the third quarter, compared to $5.8 billion in the third quarter of 2023Total company revenue outperformed industry volume by 3 percentage points, with 5 percentage points in E-Systems and 3 percentage points in SeatingNet income of $136 million and adj ...

In its upcoming report, Lear (LEA) is predicted by Wall Street analysts to post quarterly earnings of $2.61 per share, reflecting a decline of 9.1% compared to the same period last year. Revenues are forecasted to be $5.56 billion, representing a year-over-year decrease of 3.8%.The current level reflects a downward revision of 2.1% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections ...