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Stock impact report

Lear's (LEA) Q1 Earnings Beat, Revenues Match Estimates [Yahoo! Finance]

Lear Corporation (LEA) 
Last lear corporation earnings: 1/28 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.lear.com
Company Research Source: Yahoo! Finance
In the reported quarter, revenues increased 2.5% year over year to $6 billion and were in line with the Zacks Consensus Estimate. Lear Corporation Price, Consensus and EPS Surprise Lear Corporation price-consensus-eps-surprise-chart | Lear Corporation Quote Segment Performance Sales of the Seating segment totaled $4.47 billion in the reported quarter, up from $4.45 billion generated in the year-ago quarter billion, thanks to solid backlog, partly offset by unfavorable platform mix. Adjusted segment earnings came in at $294.9 million, down from $300.4 million recorded in the year-ago quarter. The segment recorded adjusted margins of 6.6% of sales, compared with 6.7% recorded in the previous year's quarter. Sales of the E-Systems segment were $1.5 billion, up 7.1% year over year on a solid backlog and favorable platform mix. Adjusted segmental earnings amounted to $77.1 million, up from $48.9 million in the corresponding quarter of 2023. For the E-Systems segment, the adjusted Show less Read more
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