Autoliv, Inc. (ALV) Surpasses Q4 Earnings Estimates

Core Viewpoint - Autoliv, Inc. reported quarterly earnings of $3.05 per share, exceeding the Zacks Consensus Estimate of$ 2.83 per share, but down from $3.74 per share a year ago, indicating a mixed performance in earnings despite a positive surprise this quarter [1][2]. Financial Performance - The company posted revenues of$ 2.62 billion for the quarter ended December 2024, which was 3.59% below the Zacks Consensus Estimate and a decrease from $2.75 billion in the same quarter last year [2]. - Over the last four quarters, Autoliv has surpassed consensus EPS estimates two times and topped consensus revenue estimates twice [2]. Stock Performance - Autoliv shares have increased approximately 8% since the beginning of the year, outperforming the S&P 500's gain of 3.2% [3]. - The stock currently holds a Zacks Rank 3 (Hold), indicating it is expected to perform in line with the market in the near future [6]. Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is$ 2 on revenues of $2.58 billion, while for the current fiscal year, the estimate is$ 10.05 on revenues of $10.88 billion [7]. - The trend of estimate revisions for Autoliv is mixed, which could change following the recent earnings report [6]. Industry Context - The Automotive - Original Equipment industry, to which Autoliv belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, suggesting potential challenges ahead [8]. - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Autoliv's stock performance [5].