BorgWarner (BWA) Misses Q1 EPS by 6c; Trims FY15 Outlook
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BorgWarner Reports First Quarter 2015 U.S. GAAP Net Earnings Of $0.79 Per Diluted Share, Or $0.78 Per Diluted Share Excluding Non-Comparable Items
April 30, 2015 8:01 AM EDTAUBURN HILLS, Mich., April 30, 2015 /PRNewswire/ --Â BorgWarner Inc. (NYSE: BWA) today reported first quarter 2015 U.S. GAAP net earnings of $0.79 per diluted share. Excluding non-comparable items, net earnings were $0.78 per diluted share. Net sales were $1,984 million in the quarter.
First Quarter Highlights:
U.S. GAAP net sales of $1,984 million, down 5% compared with first quarter 2014. The impact of foreign currencies decreased first quarter 2015 net sales growth by approximately 11% compared with first quarter 2014. Excluding the impact of foreign currencies, the Wahler... More