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

Visteon

27/04/2023 14:33

* Visteon Corp  VC.OQ  reported quarterly adjusted earnings
of
$1.25​​ per share for the quarter ended in March. The mean
expectation of fifteen analysts for the quarter was for earnings
of $1.18 per share.
    * Revenue rose 18.2% to $967.00 million from a year ago;
analysts
expected $937.44 million. 
    * Visteon Corp's reported EPS for the quarter was $1.18​.
    * The mean earnings estimate of analysts had fallen by
about 13.8%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Visteon Corp shares had fallen by 7.2% this quarter and
gained 11.2% so far this year.
    * The company reported quarterly net income of $34 million.
    * Wall Street's median 12-month price target for Visteon
Corp is
$178.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 27 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.48           1.34           Beat