BorgWarner (BWA) Declares $0.14 Quarterly Dividend; 1.2% Yield
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BorgWarner (BWA) Tops Q2 EPS by 7c, Beats on Revenues; Boosts FY17 EPS & Revenues Guidance Above Consensus
July 27, 2017 6:41 AM EDTBorgWarner (NYSE: BWA) reported Q2 EPS of $0.96, $0.07 better than the analyst estimate of $0.89. Revenue for the quarter came in at $2.39 billion versus the consensus estimate of $2.28 billion.
Full Year 2017 Guidance: The company has increased its 2017 full year organic growth guidance. Full year net sales are expected to be $9.28 billion - $9.38 billion, implying organic net sales growth of 6.5% to 7.5%. Foreign currencies are expected to lower sales by approximately $100 million, due to the... More
