Lear Corp. (LEA) Tops Q3 EPS by 23c; Raises Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Wall St futures pause after AI rally, focus on Mideast tensions
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
Lear Reports Record Third Quarter 2016 Results and Increases Full Year Outlook
October 26, 2016 7:00 AM EDTSOUTHFIELD, Mich., Oct. 26, 2016 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical systems, today reported record financial results for the third quarter of 2016. Highlights include:
Record sales of $4.5 billion, reflecting continued growth in both segments Record net income of $214 million versus $181 million in the prior year, an increase of 18% Record core operating earnings of $364 million, an increase of 14% from the prior year, with a record margin of 8.0%, up from 7.4% a year ago Earnings per share of $2.98 and adjusted... More