Lear Corp expected to post earnings of $2.63 a share - Earnings Preview
22/10/2024 15:02
* Lear Corp LEA.N LEA is expected to show a fall in
quarterly
revenue when it reports results on October 24 for the period
ending September 30 2024
* The Southfield Michigan-based company is expected to
report a
3.5% decrease in revenue to $5.579 billion from $5.78 billion a
year ago, according to the mean estimate from 11 analysts, based
on LSEG data.The company's guidance on September 11 2024, for
the period ended September 30, was for revenue of $5.500
billion.
* LSEG's mean analyst estimate for Lear Corp is for
earnings of
$2.63 per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in
the last
three months.
* Wall Street's median 12-month price target for Lear Corp
is
140.00, above its last closing price of $105.11.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 3.42 3.40 3.60 Beat 5.9
Mar. 31 0001 3.06 3.02 3.18 Beat 5.1
Jan. 1 0001 3.05 3.12 -2.8
Jan. 1 0001 2.70 2.67 7.5
Jun. 3.21 3.21 3.33 Beat 3.8
30 2023
Jan. 1 0001 2.64 2.58 2.78 Beat 7.8
Dec. 31 2022 2.52 2.57 2.81 Beat 9.4
Sep. 30 2022 2.10 2.12 2.33 Beat 10
This summary was machine generated October 22 at 14:02 GMT. 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)