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

BorgWarner

27/10/2022 16:01

* Borgwarner Inc  BWA.N  reported quarterly adjusted
earnings of
$1.24​​ per share for the quarter ended in September. The mean
expectation of seventeen analysts for the quarter was
for earnings of $1.04 per share.
    * Revenue rose 18.9% to $4.06 billion from a year ago;
analysts
expected $3.98 billion. 
    * Borgwarner Inc's reported EPS for the quarter was $1.16​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days four analysts negatively revised
earnings
estimates 
    * Borgwarner Inc shares had risen by 16.4% this quarter and
lost 18.9% so far this year.
    * The company reported quarterly net income of $273 million.
    * Wall Street's median 12-month price target for Borgwarner
Inc is
$42.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 10
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
27 at 03:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.04           1.24           Beat
 Jun. 30 2022      0.85           1.05           Beat
 Mar. 31 2022      0.87           1.05           Beat
 Dec. 31 2021      0.75           1.06           Beat