08:05 AM EDT, 10/24/2024 (MT Newswires) -- Visteon ( VC ) reported Q3 adjusted earnings Thursday of $2.26 per share, down from $2.35 a year earlier.

Analysts polled by Capital IQ expected $1.83.

Net sales for the quarter ended June 30 were $980 million, down from $1.01 billion a year earlier.

Analysts surveyed by Capital IQ expected $977.4 million.

The supplier of automotive electronics trimmed the higher end of its 2024 sales guidance and now expects sales to range between $3.85 billion to $3.90 billion, compared with a prior outlook of $3.85 billion to $3.95 billion. Analysts polled by Capital IQ expect $3.89 billion.

Visteon ( VC ) shares were up almost 7% in recent premarket activity.

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