Lear Corp expected to post earnings of $3.12 a share - Earnings Preview
02/02/2024 13:33
* Lear Corp LEA.N LEA is expected to show a rise in
quarterly
revenue when it reports results on February 6 for the period
ending December 31 2023
* The Southfield Michigan-based company is expected to
report a
6.8% increase in revenue to $5.736 billion from $5.37 billion a
year ago, according to the mean estimate from 14 analysts, based
on LSEG data. (Sales is on Total revenue basis)
* LSEG's mean analyst estimate for Lear Corp is for
earnings of
$3.12 per share.
* The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 10
"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
$163.50, above its last closing price of $136.43.
Previous quarterly performance (using preferred earnings measure
in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Sep. 30 2023 2.70 2.67 2.87 Beat 7.5
Jun. 30 2023 3.21 3.21 3.33 Beat 3.8
Mar. 31 2023 2.64 2.58 2.78 Beat 7.8
Dec. 31 2022 2.52 2.57 2.81 Beat 9.4
Sep. 2.10 2.12 2.33 Beat 10
30 2022
Jun. 30 2022 1.41 1.44 1.79 Beat 24.2
Mar. 31 2022 1.72 1.57 1.80 Beat 14.8
Dec. 31 2021 1.07 1.07 1.22 Beat 14
This summary was machine generated February 2 at 13:33 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)