financetom
Forex World Market Business Cryptocurrency Commodities MAP
financetom
Business
financetom
/
Business
/
Lear Shares Fall After Q1 Sales Slightly Miss Estimates
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Lear Shares Fall After Q1 Sales Slightly Miss Estimates
Apr 30, 2024 7:19 AM

09:54 AM EDT, 04/30/2024 (MT Newswires) -- Lear (LEA) shares fell 6.4% in recent Tuesday trading after the company reported a slight miss in Q1 sales.

The company reported Q1 adjusted earnings earlier Tuesday of $3.18 per share, up from $2.78 a year earlier.

Analysts surveyed by Capital IQ expected $3.07.

Net sales for the quarter ended March 30 was $5.99 billion, up from $5.85 billion a year earlier.

Analysts surveyed by Capital IQ expected $6 billion.

The company reaffirmed its 2024 net sales outlook of $24 billion to $24.6 billion. Analysts surveyed by Capital IQ expect $24.45 billion. The company also reaffirmed its core operating earnings guidance for the year of $1.16 billion to $1.31 billion.

Price: 128.49, Change: -8.74, Percent Change: -6.37

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 >
Gujarat Heavy Chemicals Q4FY21: EBITDA jumps 20%; mgmt says will sustain current margins
Gujarat Heavy Chemicals Q4FY21: EBITDA jumps 20%; mgmt says will sustain current margins
Apr 29, 2021
Gujarat Heavy Chemicals (GHCL) is trading higher post its Q4FY21 earnings. The company reported a 12 percent growth in revenues and a 20 percent jump in EBITDA.
 Tata Communications Q4 net profit at Rs 299 cr
Tata Communications Q4 net profit at Rs 299 cr
Apr 29, 2021
The net profit for Q4 FY21 stood at Rs 299.2 crore compared to a loss of Rs 275 crore in the same period previous year, on the back of lower expenses.
 Byju's to raise $150 mn from UBS Group AG, to become India's most valued unicorn
Byju's to raise $150 mn from UBS Group AG, to become India's most valued unicorn
Apr 29, 2021
Byju's, India's online education pioneer, is in talks to raise $150 million from UBS Group AG, sources informed CNBC-TV18.
 SIS March revenue up 14% YoY; mgmt expects approx 6% EBITDA margin
SIS March revenue up 14% YoY; mgmt expects approx 6% EBITDA margin
Apr 29, 2021
SIS has achieved the highest quarterly revenues of Rs 2,445 crore in Q4FY21. Speaking to CNBC-TV18, Rituraj Kishore Sinha, Group MD of the company said that they recovered a monthly revenue run rate of Rs 720 crore in September 2020 and March revenue is up 14 percent year-on-year (YoY).
About
Terms and Conditions Privacy policy Cookie Settings Contact Us
Services
Login register
financetom Market Personal Finance Business Economy Cryptocurrency MAP
Links
zpostcode Recruit weather mreligion Yellowpages sport constellation shopping name game directory literature Word tour furnish Lottery tftnews lyrics News digital car dir Edu Finance
Copyright 2023-2026 - www.financetom.com All Rights Reserved