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

Visteon

03/08/2023 14:32

* Visteon Corp  VC.OQ  reported quarterly adjusted earnings
of
$1.18​​ per share for the quarter ended in June. The mean
expectation of fifteen analysts for the quarter was for earnings
of $1.61 per share.
    * Revenue rose 15.9% to $983.00 million from a year ago;
analysts
expected $981.44 million. 
    * Visteon Corp's reported EPS for the quarter was 70 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Visteon Corp shares had risen by 3.9% this quarter and
gained 14.0% so far this year.
    * The company reported quarterly net income of $20 million.
    * Wall Street's median 12-month price target for Visteon
Corp is
$175.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.61           1.18           Missed
 Mar. 31 2023      1.18           1.25           Beat
 Dec. 31 2022      1.49           1.32           Missed
 Sep. 30 2022      1.24           1.58           Beat