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

Visteon

26/10/2023 14:32

* Visteon Corp  VC.OQ  reported quarterly adjusted earnings
of
$2.35​​ per share for the quarter ended in September. The mean
expectation of seventeen analysts for the quarter was
for earnings of $1.98 per share.
    * Revenue fell 1.2% to $1.01 billion from a year ago;
analysts
expected $1.05 billion. 
    * Visteon Corp's reported EPS for the quarter was $2.32​.
    * The mean earnings estimate of analysts had risen by
about 2.4%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Visteon Corp shares had fallen by 9.9% this quarter and
lost 5.0% so far this year.
    * The company reported quarterly net income of $66 million.
    * Wall Street's median 12-month price target for Visteon
Corp is
$170.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      1.98           2.35           Beat
 Jun. 30 2023      1.61           1.18           Missed
 Mar. 31 2023      1.18           1.25           Beat
 Dec. 31 2022      1.49           1.32           Missed