09:00 AM EDT, 07/31/2024 (MT Newswires) -- BorgWarner ( BWA ) reported Q2 adjusted earnings Wednesday of $1.19 per diluted share, up from $1.06 a year earlier.

Analysts polled by Capital IQ expected $0.99.

Revenue for the quarter ended June 30 was $3.60 billion compared with $3.67 billion a year earlier.

Analysts surveyed by Capital IQ expected $3.70 billion.

The company raised its full-year 2024 adjusted diluted earnings per share forecast to $3.95 to $4.15 from $3.80 to $4.15 earlier. Analysts surveyed by Capital IQ expect $4.06. It trimmed its net sales forecast for 2024 to $14.10 billion to $14.40 billion, compared to prior guidance of $14.40 billion to $14.90 billion. Analysts polled by Capital IQ expect $14.73 billion.

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