BorgWarner (BWA) Tops Q2 EPS by 7c, Updates Guidance
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BorgWarner Reports Second Quarter 2018 U.S. GAAP Net Earnings Of $1.30 Per Diluted Share, Or $1.18 Per Diluted Share Excluding Non-Comparable Items
July 26, 2018 6:30 AM EDTAUBURN HILLS, Mich., July 26, 2018 /PRNewswire/ --Â BorgWarner Inc. (NYSE: BWA) today reported second quarter results.
Second Quarter Highlights:
U.S. GAAP net sales of $2,694 million, up 12.7% compared with second quarter 2017. On a comparable basis, excluding the impact of foreign currencies and the acquisition of Sevcon, net sales were up 7.3% compared with second quarter 2017. U.S. GAAP net earnings of $1.30 per diluted share. Excluding non-comparable items (detailed in the table below), net earnings were $1.18 per diluted... More