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Stock impact report

Lear Reports First Quarter 2024 Results [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
First Quarter 2024 Highlights Delivered first quarter record revenue of $6.0 billion , an increase of 3% compared to $5.8 billion in the first quarter of 2023 Sales outperformed global industry production, driven by growth over market in E-Systems of 10 percentage points Net income of $110 million and adjusted net income of $183 million , compared to $144 million and $166 million , respectively, in the first quarter of 2023 Core operating earnings increased 6% to $280 million , compared to million in the first quarter of 2023 Earnings per share of and adjusted earnings per share of , compared to and , respectively, in the first quarter of 2023 Adjusted earnings per share increased 14% in the first quarter compared to the same period last year Net cash used in operating activities of $(35) million and free cash flow of $(148) million , compared to $(36) million and $(147) million , respectively, in the first quarter of 2023 Seventh consecutive quarter of year-over-year Show less Read more
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