BorgWarner (BWA) Tops Q1 EPS by 2c
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BorgWarner Reports First Quarter 2016 U.S. GAAP Net Earnings of $0.75 Per Diluted Share, or $0.80 Per Diluted Share Excluding Non-Comparable Items
April 28, 2016 8:03 AM EDTAUBURN HILLS, Mich., April 28, 2016 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported first quarter results.
First Quarter Highlights:
U.S. GAAP net sales of $2,269 million, up 14.3% compared with first quarter 2015. Excluding the impact of foreign currencies and the Remy acquisition, net sales were up 4.5% compared with first quarter 2015. U.S. GAAP net earnings of $0.75 per diluted share. Excluding the $(0.05) per diluted share related to net non-comparable items (detailed in the table below), net earnings were $0.80 per... MoreBorgWarner Declares Quarterly Dividend
April 27, 2016 4:17 PM EDTAUBURN HILLS, Mich., April 27, 2016 /PRNewswire/ -- The board of directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.13 per share of common stock. The dividend is payable on June 15, 2016 to shareholders of record on June 1,... More
