Picture of PHINIA logo

PHIN PHINIA News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsBalancedMid CapSuper Stock

Engine parts maker PHINIA Q3 sales, profit beat estimates on strong pricing, higher volumes

Overview

PHINIA Q3 net sales rise 8.2% yr/yr, beating analyst expectations

Adjusted EPS for Q3 beats analyst estimates

Company completes $47 mln acquisition of SEM, enhancing alternative fuel systems

Outlook

Company expects 2025 net sales between $3.39 bln and $3.45 bln

PHINIA projects 2025 net earnings of $100 mln to $110 mln

Company forecasts 2025 adjusted free cash flow of $175 mln to $205 mln

Result Drivers

SEM ACQUISITION - Completion of SEM acquisition contributed to sales growth and aligns with strategic growth roadmap

PRICING AND TARIFF RECOVERIES - Adjusted sales increase driven by customer pricing, tariff recoveries, and increased volumes in Asia and the Americas

R&D SAVINGS - Adjusted EBITDA growth attributed to R&D savings, partially offset by increased employee costs and unfavorable product mix

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 SalesBeat$908 mln$871.15 mln (3 Analysts)
Q3 Adjusted EPSBeat$1.59$1.18 (4 Analysts)
Q3 Net Income$13 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 Phinia Inc is $61.00, about 9.9% above its October 27 closing price of $54.95 The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 10 three months ago Press Release: ID:nBw7pk54la For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@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.)

Recent news on PHINIA

See all news