Aptiv (APTV) Tops Q1 EPS by 33c, Doesn't Provide Guidance
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Aptiv Reports First Quarter 2020 Financial Results
May 5, 2020 6:45 AM EDTDUBLIN, May 5, 2020 /PRNewswire/ --Â Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, today reported first quarter 2020 U.S. GAAP earnings of $6.14 per diluted share, which includes a gain of $5.63 per diluted share resulting from the completion of Aptiv's autonomous driving joint venture with Hyundai Motor Group ("Hyundai"). Excluding special items, first quarter earnings totaled $0.68 per diluted share. These results include the adverse impacts of global vehicle production declines of 24% in the first quarter, largely resulting from the ongoing impacts of the novel coronavirus ("COVID-19") pandemic.
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