PHINIA (PHIN)

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PHINIA (PHIN) - 2024 Q3 - Quarterly Report
2024-10-31 14:53
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission file number 001-41708 PHINIA INC. (Exact name of registrant as specified in its charter) | --- | --- | --- | |------------------------------ ...
Phinia (PHIN) Q3 Earnings Beat Estimates
ZACKS· 2024-10-31 13:46
Phinia (PHIN) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 48.10%. A quarter ago, it was expected that this maker of gas and diesel fuel systems would post earnings of $1.15 per share when it actually produced earnings of $0.88, delivering a surprise of -23.48%.Over the last four q ...
PHINIA (PHIN) - 2024 Q3 - Quarterly Results
2024-10-31 11:31
Exhibit 99.1 PHINIA REPORTS THIRD QUARTER 2024 RESULTS Auburn Hills, Michigan, October 31, 2024 – PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the third quarter ended September 30, 2024. Third Quarter Highlights: • Net sales of $839 million, a decrease of 6.4% compared with Q3 2023. ◦ Lower Fuel Systems (FS) sales in Europe and China partially offset by strong Aftermarket segment sales in Europe led to lower net sales c ...
PHINIA (PHIN) - 2024 Q2 - Earnings Call Transcript
2024-07-30 22:59
PHINIA Inc. (NYSE:PHIN) Q2 2024 Earnings Conference Call July 30, 2024 8:30 AM ET Company Participants Kellen Ferris - Vice President of Investor Relations Gordon Muir - Vice President and Treasurer Brady Ericson - Chief Executive Officer Chris Gropp - Chief Financial Officer Conference Call Participants Jake Scholl - BNP Paribas Exane Adam Jonas - Morgan Stanley Daniel S - Barclays Drew Estes - Banyan Capital Management Inc Operator My name is Ian, and I will be your conference operator today. At this time ...
PHINIA (PHIN) - 2024 Q2 - Quarterly Report
2024-07-30 14:54
The Company manufactures and sells products and solutions, primarily to OEMs of commercial vehicle, industrial applications and light vehicles, to certain Tier One vehicle systems suppliers and into the aftermarket. The Company's payment terms are based on customary business practices and vary by customer type and products offered. The Company has evaluated the terms of its arrangements and determined that they do not contain significant financing components. | --- | --- | --- | --- | --- | --- | --- | --- ...
PHINIA (PHIN) - 2024 Q2 - Quarterly Results
2024-07-30 11:32
Exhibit 99.1 PHINIA REPORTS SECOND QUARTER 2024 RESULTS Auburn Hills, Michigan, July 30, 2024 – PHINIA Inc. (NYSE: PHIN), a leader in premium fuel systems, electrical systems, and aftermarket solutions, today reported results for the second quarter ended June 30, 2024. • Contract extension for gasoline fuel delivery modules for a 2-wheeler with a leading global Original Equipment Manufacturer (OEM), supporting the customer mostly in the Indian market. • Conquest business win to supply fuel delivery modules ...
A Growing Affinity For Phinia
Seeking Alpha· 2024-06-06 22:26
A Healthy First Quarter GDI Growth Should Offset EV Penetration PHINIA also has what I believe to be an underrated opportunity in commercial vehicles through its diesel injection systems. Components for commercial vehicles and industrial applications (including diesel fuel injection, starters, and alternators) make up about 25% of the business today and management is looking to grow this to over one-third of the business in 2030. Relative to passenger vehicles, the transition to electrification is likely to ...
Here's Why Momentum in Phinia (PHIN) Should Keep going
zacks.com· 2024-05-29 13:50
Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, etc. - ...
PHINIA (PHIN) - 2024 Q1 - Earnings Call Transcript
2024-04-25 23:52
PHINIA Inc. (NYSE:PHIN) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Gordon Muir - Vice President and Treasurer Brady Ericson - Chief Executive Officer Chris Gropp - Chief Financial Officer Conference Call Participants Jake Scholl - BNP Paribas Exane Operator Thank you for standing by, and welcome to the Phinia Q1 2024 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers remarks, there will be a question-and-answer session. ...
PHINIA (PHIN) - 2024 Q1 - Earnings Call Presentation
2024-04-25 17:28
Q1 2024 EARNINGS 2 We caution readers not to place undue reliance upon any such forward-looking statements, which speak only as of the date they are made. We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Non-GAAP financial measures are not and should not be considered a substitute for any GAAP measure. Additionally, because not all companies use identical calculations, the non-GAAP financi ...