financetom
Business
financetom
/
Business
/
Dana Expects 2024 Sales to Decline; 2025 Sales Outlook Issued
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Dana Expects 2024 Sales to Decline; 2025 Sales Outlook Issued
Jan 24, 2025 5:36 AM

08:00 AM EST, 01/24/2025 (MT Newswires) -- Dana (DAN) reported Friday preliminary unaudited 2024 sales of $10.3 billion, down from $10.6 billion a year earlier.

Analysts surveyed by FactSet expect $10.30 billion.

For 2025, the propulsion systems maker expects sales of about $9.53 billion to $10.03 billion.

Analysts surveyed by FactSet expect $9.83 billion.

Shares of the company were up more than 11% in Friday's premarket activity.

Price: 14.80, Change: +1.57, Percent Change: +11.87

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Elbit Systems' Q1 Non-GAAP Earnings, Revenue Increase
Elbit Systems' Q1 Non-GAAP Earnings, Revenue Increase
May 28, 2024
04:27 AM EDT, 05/28/2024 (MT Newswires) -- Elbit Systems ( ESLT ) reported Q1 non-GAAP earnings Tuesday of $1.81 per diluted share, up from $1.78 a year earlier. One analyst polled by Capital IQ expected $1.60. Revenue for the quarter ended March 31 was $1.55 billion, compared with $1.39 billion a year earlier. One analyst surveyed by Capital IQ expected...
Hello Group Q1 Adjusted Earnings, Revenue Decline; Issues Q2 Revenue Guidance
Hello Group Q1 Adjusted Earnings, Revenue Decline; Issues Q2 Revenue Guidance
May 28, 2024
04:21 AM EDT, 05/28/2024 (MT Newswires) -- Hello Group ( MOMO ) reported Tuesday Q1 adjusted earnings of 0.31 renminbi ($0.04) per diluted American depositary share, down from 2.36 renminbi a year earlier. Four analysts polled by Capital IQ expected 2.07 renminbi. Net revenue for the quarter ended March 31 was 2.56 billion renminbi, down from 2.82 billion renminbi a...
Update: Micron Technology Ordered to Pay Netlist $445 Million in Patent Infringement Case
Update: Micron Technology Ordered to Pay Netlist $445 Million in Patent Infringement Case
May 28, 2024
04:13 AM EDT, 05/28/2024 (MT Newswires) -- (Updates with responses from Micron and Netlist in the third and fourth paragraphs.) Micron Technology ( MU ) was ordered by a jury to pay $445 million in damages to Netlist in a patent infringement case, a legal document issued Thursday by the District Court in the Eastern District of Texas showed. The...
Hess investors to vote on Chevron deal amid growing postponement calls
Hess investors to vote on Chevron deal amid growing postponement calls
May 28, 2024
HOUSTON, May 28 (Reuters) - Hess Corp ( HES ) shareholders will vote on Tuesday on Chevron's ( CVX ) proposed $53 billion acquisition of the company, after many investors have called for a delay in hopes of obtaining a better offer for their shares. The vote has huge implications for both companies. The deal has been stalled in part...
Copyright 2023-2026 - www.financetom.com All Rights Reserved