financetom
Business
financetom
/
Business
/
Phinia Q4 Adjusted Earnings, Net Sales Fall; 2025 Sales Guidance Issued
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Phinia Q4 Adjusted Earnings, Net Sales Fall; 2025 Sales Guidance Issued
Feb 13, 2025 6:11 AM

08:32 AM EST, 02/13/2025 (MT Newswires) -- Phinia ( PHIN ) reported Q4 adjusted net earnings Thursday of $0.71 per diluted share, down from $0.76 a year earlier.

Four analysts surveyed by FactSet expected EPS of $0.87.

Net sales for the quarter were $833 million, down from $882 million a year earlier.

Analysts polled by FactSet expected $805.7 million.

For 2025, the company said it expects net sales of $3.23 billion to $3.43 billion. Analysts surveyed by FactSet expect $3.36 billion.

Shares of the company were up 1.8% in recent premarket activity.

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 >
Prudential Financial Names Andrew Sullivan as Chief Executive
Prudential Financial Names Andrew Sullivan as Chief Executive
Dec 4, 2024
05:55 AM EST, 12/04/2024 (MT Newswires) -- Prudential Financial ( PRU ) said Tuesday it appointed Andrew Sullivan to succeed Charles Lowrey as chief executive, effective March 31. Sullivan leads Prudential's international businesses and global investment management. Lowrey will remain as executive chairman of the board for 18 months, the company said. Meanwhile, Vice Chair Robert Falzon will step down...
NXP Semiconductors, Vanguard International Joint Venture Breaks Ground at New Facility in Singapore
NXP Semiconductors, Vanguard International Joint Venture Breaks Ground at New Facility in Singapore
Dec 4, 2024
06:05 AM EST, 12/04/2024 (MT Newswires) -- NXP Semiconductors ( NXPI ) and Vanguard International Semiconductor's joint venture, VisionPower Semiconductor Manufacturing, on Wednesday broke ground at the site of its 300-millimeter wafer manufacturing facility in Tampines, Singapore. VisionPower said the facility is targeted to start initial production in 2027, after which a second phase will be considered. The joint venture...
Torrid Shares Dip On Weak Q3 Results And Lowered FY24 Outlook, CEO Optimistic For Future Growth
Torrid Shares Dip On Weak Q3 Results And Lowered FY24 Outlook, CEO Optimistic For Future Growth
Dec 4, 2024
Torrid Holdings Inc. ( CURV ) shares are trading lower premarket on Wednesday after the company reported worse-then-expected third-quarter results and issued fourth-quarter guidance below estimates. On Tuesday, the company reported net sales declined 4.2% year-over-year to $263.8 million, missing the consensus of $285.8 million, while comparable sales dropped 6.5% in the quarter. Gross profit margin improved to 36.1% from 33.2% in the...
NCR Atleos Says East of England Co-op Extends Relation to Provide ATMs Through Cashzone Network
NCR Atleos Says East of England Co-op Extends Relation to Provide ATMs Through Cashzone Network
Dec 4, 2024
06:02 AM EST, 12/04/2024 (MT Newswires) -- NCR Atleos ( NATL ) said Wednesday that East of England Co-op has extended its relation with the company to offer ATMs through NCR's Cashzone Network across the latter's stores. Financial terms weren't disclosed. Shares of the company were up 1.4% in recent Wednesday premarket activity. Price: 33.40, Change: +0.45, Percent Change: +1.37...
Copyright 2023-2026 - www.financetom.com All Rights Reserved