Dana Inc reports results for the quarter ended in September 30 - Earnings Summary

Dana

30/10/2024 15:10

* Dana Inc  DAN.N  reported quarterly adjusted earnings of
12
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of 30
cents.  The mean expectation of nine analysts for the quarter
was for earnings of 23 cents per share. Wall Street expected
results to range from 18 cents to 27 cents per share.
    * Revenue fell 7.2% to $2.48 billion from a year ago;
analysts
expected $2.58 billion. 
    * Dana Inc's reported EPS for the quarter was 3 cents​.
    * The company reported quarterly net income of $4 million.
    * Dana Inc shares had fallen by 4.0% this quarter and
lost 30.6%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.1%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "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 11.00
This summary was machine generated from LSEG data October 30 at
03:10 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
 Sep. 30 2024      0.23           0.12           Missed
 Jun. 30 2024      0.28           0.31           Beat
 Mar. 31 2024      0.19           0.22           Beat
 Dec. 31 2023      -0.06          -0.08          Missed