Visteon Corp reports results for the quarter ended in December - Earnings Summary

Visteon

20/02/2024 14:31

* Visteon Corp  VC.OQ  reported quarterly adjusted earnings
of
$13.01​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of $1.32.  The mean expectation of seventeen analysts for the
quarter was for earnings of $2.09 per share. Wall Street
expected results to range from $1.71  to $2.38 per share.
    * Revenue fell 7% to $990.00 million from a year ago;
analysts
expected $1.05 billion. 
    * Visteon Corp's reported EPS for the quarter was $12.98​.
    * The company reported quarterly net income of $366 million.
    * Visteon Corp shares had fallen by 4.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Visteon
Corp is
$146.00 

This summary was machine generated from LSEG data February 20 at
02:30 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      2.09           13.01          Beat
 Sep. 30 2023      1.98           2.35           Beat
 Jun. 30 2023      1.61           1.18           Missed
 Mar. 31 2023      1.18           1.25           Beat