Visteon Corp expected to post earnings of $2.09 a share - Earnings Preview

Visteon

16/02/2024 14:16

* Visteon Corp  VC.OQ   VC.O  is expected to show a fall in
quarterly revenue when it reports  results on February 20 for
the period ending December 31 2023
    * The Van Buren Township Michigan-based  company is expected
to
report a 1.4% decrease in revenue to $1.049 billion from $1.06
billion a year ago, according to the mean estimate from 15
analysts, based on LSEG data. (Sales/Revenue Majority basis is
on Total/Operating Revenue.)
    * ​LSEG's mean analyst estimate for Visteon Corp is for
earnings
of $2.09 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 6
"hold" and 1 "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 Visteon
Corp is
$146.00​, above​ its last closing price of $123.13. ​​​

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  2.07        1.98       2.35      Beat    18.8
 Jun. 30 2023  1.63        1.61       1.18      Missed  -26.7
 Mar. 31 2023  1.19        1.18       1.25      Beat    6.2​
 Dec. 31 2022  1.50        1.49       1.32      Missed  -11.5
 ​​Sep.        1.24        1.24       1.58      Beat    27.3
 30 2022                                                
 Jun. 30 2022  0.41        0.48       1.34      Beat    181.4​
 Mar. 31 2022  0.62        0.59       1.09      Beat    86
 Dec. 31 2021  0.07        0.02       1.69      Beat    8,620.
                                                        3
 This summary was machine generated February 16 at 14:16 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)