Dana Incorporated Reports Strong 2021 First-quarter Financial Results; Including Higher Sales; Raises Full-year Guidance
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Dana Incorporated (DAN) Tops Q1 EPS by 19c, Revenues Beat; Raises FY21 Revenue Outlook Above Consensus, Raises FY21 EPS Outlook
April 28, 2021 7:02 AM EDTDana Incorporated (NYSE: DAN) reported Q1 EPS of $0.66, $0.19 better than the analyst estimate of $0.47. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.02 billion.
Key Highlights
Sales of $2.3 billion, an increase of $337 millionNet income attributable to Dana of $71 million, an increase of $13 millionDiluted EPS of $0.48, an increase of $0.08Adjusted net income attributable to Dana of $97 million, an increase of $29 millionAdjusted EBITDA of $234 million, margin of 10.3 percent of salesDiluted adjusted EPS of $0.66Operating cash flow of $27 millionAcquisition of Pi Innovo LLC, further enhances e-Propulsion... More