Overview
Visteon Q3 sales decline 6% yr/yr
Reports Q3 Adjusted EPS of $2.15
Company secures $1.8 bln in new business wins, launches 28 new products
Outlook
Visteon maintains full-year 2025 revenue guidance of $3.70 – $3.85 bln
Adjusted EBITDA for 2025 expected at $475 – $505 mln
Adjusted free cash flow for 2025 tracking towards high end of $195 – $225 mln range
Result Drivers
SALES DECLINE - Sales decreased due to reduced Battery Management Systems sales in the U.S. and a decline in China, along with unplanned downtime at JLR
COCKPIT ELECTRONICS - Strong performance in cockpit electronics in Europe and the Americas helped offset sales decline
NEW BUSINESS WINS - Secured $1.8 bln in new business wins, including advanced display and SmartCore programs
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
$917 mln
Q3 Adjusted EPS
$2.15
Q3 Net Income
$57 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"
Wall Street's median 12-month price target for Visteon Corp is $138.00, about 15.3% above its October 21 closing price of $116.86
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago
Press Release: ID:nPn3qCcK3a
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)