Picture of BorgWarner logo

BWA — BorgWarner News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapSuper Stock

BorgWarner rises on Q2 profit beat

BUZZ-BorgWarner rises on Q2 profit beat

** Shares of auto parts supplier BorgWarner BWA.N rise ~5% to $66.1 premarket

** Co reports second-quarter profit above analysts' estimates, benefiting from steady demand for powertrain systems and turbochargers

** Reports Q2 adjusted quarterly profit per share of $1.42, topping estimates of $1.28, according to data compiled by LSEG

** Its second-quarter net sales marginally rose to $3.65 billion from last year

** Median PT of 17 brokerages covering the stock is $78 - data compiled by LSEG

** As of last close, stock up ~40% YTD


(Reporting by Megavarshini G. Somasundaram in Bengaluru)

((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))

Recent news on BorgWarner

See all news