Overview

* PHINIA ( PHIN ) Q3 net sales rise 8.2% yr/yr, beating analyst expectations

* Adjusted EPS for Q3 beats analyst estimates

* Company completes $47 mln acquisition of SEM, enhancing alternative fuel systems

Outlook

* Company expects 2025 net sales between $3.39 bln and $3.45 bln

* PHINIA ( PHIN ) projects 2025 net earnings of $100 mln to $110 mln

* Company forecasts 2025 adjusted free cash flow of $175 mln to $205 mln

Result Drivers

* SEM ACQUISITION - Completion of SEM acquisition contributed to sales growth and aligns with strategic growth roadmap

* PRICING AND TARIFF RECOVERIES - Adjusted sales increase driven by customer pricing, tariff recoveries, and increased volumes in Asia and the Americas

* R&D SAVINGS - Adjusted EBITDA growth attributed to R&D savings, partially offset by increased employee costs and unfavorable product mix

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Beat $908 mln $871.15

mln (3

Analysts

)

Q3 Beat $1.59 $1.18 (4

Adjusted Analysts

EPS )

Q3 Net $13 mln

Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"

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

* Wall Street's median 12-month price target for Phinia Inc ( PHIN ) is $61.00, about 9.9% above its October 27 closing price of $54.95

* The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 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.)