Lear (LEA) Surpasses Q2 Earnings and Revenue Estimates

Lear (LEA) came out with quarterly earnings of $3.60 per share, beating the Zacks Consensus Estimate of$ 3.34 per share. This compares to earnings of $3.33 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.78%. A quarter ago, it was expected that this automotive seating and electrical distribution systems company would post earnings of$ 3.04 per share when it actually produced earnings of $3.18, delivering a surprise of 4.61% ...