PHINIA (PHIN) 2025 Conference June 04, 2025 01:00 PM ET Speaker0 Next up, we're very pleased to have with us, Finia, you know, tier one supplier for automotive, commercial vehicle, aftermarket, parts, market capital a little Speaker1 bit under 2,000,000,000, but Speaker0 I know Brady wants to to get that higher. Should be higher. Thanks for thanks for joining us. We do we do have Brady Erickson, CEO Chris Gropp, CFO. So I mean, I guess, just to kick things off, three weeks left in the quarter, probably have ...

PHINIA (PHIN) FY Conference May 07, 2025 11:15 AM ET Speaker0 All right. Good morning, and welcome everyone to the presentation. Thanks to the Finia team for joining us today. I'm gonna turn it over to them for a presentation, and then we'll open it up for q and a. Take it away. Speaker1 Great. Thank you very much, and thanks for joining us today. I'm Brady Erickson, CEO. I'm joined by with me Chris Grapp, our CFO, and Kellen Ferris, our VP of IR. So thank you very much for joining us. We'll try to go throu ...

Investors looking for stocks in the Automotive - Original Equipment sector might want to consider either Phinia (PHIN) or Modine (MOD) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earnings es ...

For the quarter ended March 2025, Phinia (PHIN) reported revenue of $796 million, down 7.8% over the same period last year. EPS came in at $0.94, compared to $1.08 in the year-ago quarter.The reported revenue represents a surprise of -2.94% over the Zacks Consensus Estimate of $820.13 million. With the consensus EPS estimate being $1.04, the EPS surprise was -9.62%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectat ...

Q1 2025 EARNINGS This presentation This press release contains forward-looking statements within the meaning of U.S. federal securities laws. Forward-looking statements are statements other than historical fact that provide current expectations or forecasts of future events based on certain assumptions and are not guarantees of future performance. Forward-looking statements use words such as "anticipate," "believe," "continue," "could," "designed," "effect," "estimate," "evaluate," "expect," "forecast," "go ...

PHINIA Inc. (NYSE:PHIN) Q1 2025 Earnings Conference Call April 25, 2025 8:30 AM ET Company Participants Kellen Ferris - Vice President of Investor Relations Brady Ericson - Chief Executive Officer Chris Gropp - Chief Financial Officer Conference Call Participants Jake Scholl - BNP Paribas Joseph Spak - UBS Bobby Brooks - Northland Capital Markets David Silver - C.L. King Federico Merendi - Bank of America Operator Ladies and gentlemen, thank you for standing by. My name is Christa, and I will be your confer ...

Financial Performance - PHINIA's net sales for Q1 2025 were $796 million, a decrease of $67 million, or 8%, compared to $863 million in Q1 2024[96] - Cost of sales for Q1 2025 was $624 million, representing 78% of net sales, compared to $671 million and 78% in Q1 2024[97] - Gross profit for Q1 2025 was $172 million, or 21.6% of net sales, down from $192 million, or 22.2%, in Q1 2024[96] - Operating income for Q1 2025 was $62 million, or 7.8% of net sales, compared to $71 million, or 8.1%, in Q1 2024[96] - Net earnings for Q1 2025 were $26 million, consistent at 3.3% of net sales, compared to $29 million in Q1 2024[96] - SG&A expenses for Q1 2025 were $107 million, up from $104 million in Q1 2024, representing 13% of net sales compared to 12%[99] Market Outlook - PHINIA expects mid-single digit percentage declines in light vehicle volumes in key markets for 2025[93] - The company anticipates flat to modest sales increases in 2025, impacted by foreign currency and macroeconomic challenges[93] - PHINIA maintains a positive long-term outlook, focusing on new product development and market share expansion in the commercial vehicle market[94] Segment Performance - For the three months ended March 31, 2025, net sales for the Fuel Systems segment were $473 million, a decrease of 10.2% from $527 million in the same period of 2024[117] - The Aftermarket segment reported net sales of $323 million for the three months ended March 31, 2025, down from $336 million in the same period of 2024, reflecting a decrease of 3.9%[117] - The Fuel Systems segment's Adjusted Operating margin decreased to 9.5% in Q1 2025 from 10.4% in Q1 2024, primarily due to unfavorable mix and tariff impacts[117][118] - The Aftermarket segment's Adjusted Operating margin also decreased to 16.1% in Q1 2025 from 17.9% in Q1 2024, attributed to unfavorable mix and tariff impacts on OEM sales[118] Liquidity and Cash Flow - As of March 31, 2025, the company had total liquidity of $872 million, consisting of $373 million in cash and cash equivalents and $499 million available on its revolving credit facility[119] - Net cash provided by operating activities increased to $40 million in Q1 2025 from $31 million in Q1 2024, mainly due to lower interest payments[123] - Net cash used in investing activities was $35 million in Q1 2025, down from $42 million in Q1 2024, with capital expenditures representing 4.4% of sales[124] - Net cash used in financing activities increased to $117 million in Q1 2025 from $41 million in Q1 2024, primarily due to increased stock repurchases[125] Currency Impact - The company deferred a pre-tax loss of $10 million as of March 31, 2025, related to a net investment hedge for currency translation risk[130] - The company experienced a 5% increase in the Euro against the U.S. dollar, resulting in a $26 million impact on other comprehensive income for the three months ended March 31, 2025[132] Taxation - The effective tax rate for Q1 2025 was 48%, with an expected full-year effective tax rate between 38% and 42%[106]

Phinia (PHIN) came out with quarterly earnings of $0.94 per share, missing the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.62%. A quarter ago, it was expected that this maker of gas and diesel fuel systems would post earnings of $0.80 per share when it actually produced earnings of $0.71, delivering a surprise of -11.25%.Over the last four q ...

PHINIA (PHIN) Q1 2025 Earnings Call April 25, 2025 08:30 AM ET Company Participants Kellen Ferris - VP - Investor RelationsBrady Ericson - President and CEO & DirectorChris Gropp - VP & CFOJake Scholl - Equity Research AssociateJoseph Spak - Managing DirectorDavid Silver - Senior MD & Director - Equity ResearchFederico Merendi - Equity Research Associate Conference Call Participants Bobby Brooks - Vice President, Senior Equity Research Analyst Operator Ladies and gentlemen, thank you for standing by. My nam ...

Exhibit 99.1 PHINIA REPORTS FIRST QUARTER 2025 RESULTS Auburn Hills, Michigan, April 25, 2025 – PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the first quarter ended March 31, 2025. First Quarter Highlights: 2025 Full Year Guidance: Key Wins in Strategic Growth Markets: New business wins remained strong across all end markets. A few examples of new business awards in Q1 are: 1 • Net sales of $796 million, a decrease of 7 ...