Lear Reports Third Quarter 2019 Results
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Lear Corp. (LEA) Tops Q3 EPS by 40c, Revenues Beat; Lowers FY19 Revenue Outlook Below Consensus
October 25, 2019 6:04 AM EDTLear Corp. (NYSE: LEA) reported Q3 EPS of $3.54, $0.40 better than the analyst estimate of $3.14. Revenue for the quarter came in at $4.83 billion versus the consensus estimate of $4.76 billion.
Sales of $4.8 billion, compared to $4.9 billion in the third quarter of 2018Net income of $216 million and adjusted net income of $217 million, compared to $253 million and $269 million, respectively, in the prior yearCore operating earnings of $338... More