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Aptiv Q3 Adjusted Earnings Rise, Revenue Falls; 2024 Guidance Lowered
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Aptiv Q3 Adjusted Earnings Rise, Revenue Falls; 2024 Guidance Lowered
Nov 3, 2024 3:33 PM

07:24 AM EDT, 10/31/2024 (MT Newswires) -- Aptiv ( APTV ) reported Q3 adjusted earnings Thursday of $1.83 per diluted share, up from $1.30 a year earlier.

Analysts polled by Capital IQ expected $1.66.

Revenue for the quarter ended Sept. 30 was $4.85 billion, down from $5.11 billion a year earlier.

Analysts surveyed by Capital IQ expected $5.11 billion.

Aptiv ( APTV ) now expects full-year 2024 adjusted EPS of $6.00 to $6.30, from $6.15 to $6.45 previously. Analysts surveyed by Capital IQ expect $6.20.

The company lowered its 2024 revenue guidance to $19.60 billion to $19.90 billion from $20.10 billion to $20.40 billion. Capital IQ analysts expect $20.15 billion.

Price: 69.00, Change: -0.07, Percent Change: -0.10

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