Overview

* Lear Q3 revenue rose 2% to $5.7 bln, beating analyst expectations

* Adjusted EPS for Q3 was $2.79, exceeding analyst estimates

* Lear repurchased $100 mln in shares, maintaining strategic capital allocation

Outlook

* Lear sees full-year 2025 net sales between $22.85 bln and $23.15 bln

* Company expects 2025 core operating earnings of $995 mln to $1,055 mln

* Lear anticipates 2025 free cash flow of $475 mln to $525 mln

Result Drivers

* NEW BUSINESS ADDITIONS - Revenue growth attributed to new business in both Seating and E-Systems segments, despite lower production on key platforms

* INVESTMENTS IN AUTOMATION - Strategic investments in automation and digital tools driving operational excellence and margin improvement

* E-SYSTEMS AWARDS - Secured $1.1 bln of E-Systems business awards year-to-date, contributing to segment performance

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Beat $5.67 $5.59

bln bln (10

Analysts

)

Q3 Beat $2.79 $2.72

Adjusted (12

EPS Analysts

)

Q3 EPS $2.02

Q3 Beat $149.80 $143.83

Adjusted mln mln (7

Net Analysts

Income )

Q3 Net $108.20

Income mln

Q3 Core $241.10

Operatin mln

g

Earnings

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 10 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the auto, truck & motorcycle parts peer group is "hold."

* Wall Street's median 12-month price target for Lear Corp ( LEA ) is $115.00, about 10% above its October 30 closing price of $103.52

* The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)