Borgwarner Inc reports results for the quarter ended in March - Earnings Summary

BorgWarner

04/05/2023 14:31

* Borgwarner Inc  BWA.N  reported quarterly adjusted
earnings of
$1.09​​ per share for the quarter ended in March. The mean
expectation of fifteen analysts for the quarter was for earnings
of $1.11 per share.
    * Revenue rose 7.9% to $4.18 billion from a year ago;
analysts
expected $4.15 billion. 
    * Borgwarner Inc's reported EPS for the quarter was 93
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Borgwarner Inc shares had fallen by 5.4% this quarter and
gained 15.4% so far this year.
    * The company reported quarterly net income of $217 million.
    * Wall Street's median 12-month price target for Borgwarner
Inc is
$55.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
4 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.11           1.09           Missed
 Dec. 31 2022      1.08           1.26           Beat
 Sep. 30 2022      1.04           1.24           Beat
 Jun. 30 2022      0.85           1.05           Beat