Dana Inc reports results for the quarter ended in December - Earnings Summary
20/02/2024 14:31
* Dana Inc DAN.N reported a quarterly adjusted loss of 8
cents
per share for the quarter ended in December, higher than the
same quarter last year, when the company reported EPS of -10
cents. The mean expectation of nine analysts for the quarter
was for a loss of 6 cents per share. Wall Street expected
results to range from -17 cents to 6 cents per share.
* Revenue fell 2.4% to $2.49 billion from a year ago;
analysts
expected $2.59 billion.
* Dana Inc's reported EPS for the quarter was a loss of 27
cents.
* The company reported a quarterly loss of $39 million.
* Dana Inc shares had fallen by 7.5% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by
about 28.2%
in the last three months.
* In the last 30 days, two analysts negatively revised
earnings
estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the auto, truck &
motorcycle parts peer group is also "hold"
Wall Street's median 12-month price target for Dana Inc is
$14.00
This summary was machine generated from LSEG data February 20 at
02:30 p.m. UTC. All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2023 -0.06 -0.08 Missed
Sep. 30 2023 0.13 0.30 Beat
Jun. 30 2023 0.18 0.37 Beat
Mar. 31 2023 0.10 0.25 Beat