Overview
U.S. propulsion solutions maker's Q1 sales rose 5% yr/yr, beating analyst expectations
Adjusted EBITDA rose to $171 mln, driven by cost savings and efficiency improvements
Company repurchased 4.4 mln shares and announced new RAM Dakota business win
Outlook
Dana maintains 2026 sales guidance at $7.3 bln to $7.7 bln
Company expects 2026 adjusted EBITDA of $750 mln to $850 mln
Dana sees 2026 diluted adjusted EPS of $2.00 to $3.00
Result Drivers
CUSTOMER RECOVERIES AND CURRENCY - Co said Q1 sales growth was driven by customer recoveries and favorable currency translation
COST SAVINGS AND EFFICIENCY - Cost-savings actions and efficiency improvements were the primary drivers of the improvement in adjusted EBITDA
Company press release: ID:nPn21KCZfa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$1.90 bln
$1.82 bln (6 Analysts)
Q1 Adjusted EBITDA
$171 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"
Wall Street's median 12-month price target for Dana Inc is $40.34, about 7.2% above its April 28 closing price of $37.63
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 11 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)