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LEA — Lear News Story

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Lear Corp reports results for the quarter ended June 30 - Earnings Summary

Lear Corp LEA.N reported quarterly adjusted earnings of $3.47​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $3.60.  The mean expectation of fourteen analysts for the quarter was for earnings of $3.28 per share. Wall Street expected results to range from $3.08  to $3.54 per share.

Revenue rose 0.3% to $6.03 billion from a year ago; analysts expected $5.87 billion.

Lear Corp's reported EPS for the quarter was $3.06​.

The company reported quarterly net income of $165.2 million.

Lear Corp shares had risen by 13.9% this quarter and gained 14.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 19.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto, truck & motorcycle parts peer group is  "hold."

Wall Street's median 12-month price target for Lear Corp is $113.50, about 4.7% above its last closing price of $108.14

This summary was machine generated from LSEG data July 25 at 01:31 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20253.283.47Beat
Mar. 31 20252.703.12Beat
Dec. 31 20242.582.94Beat
Sep. 30 20242.632.89Beat

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