Lear Corp. (LEA) Tops Q3 EPS by 14c; Offers FY22 Revenue Guidance
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Lear Reports Third Quarter 2022 Results
November 1, 2022 6:30 AM EDTSOUTHFIELD, Mich., Nov. 1, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2022.
Third Quarter 2022 Highlights
Sales increased 23% to $5.2 billion, compared to $4.3 billion in the third quarter of 2021Net income (loss) of $92 million and adjusted net income of $140 million, compared to $(27) million and $32 million, respectively, in the third quarter of 2021Core operating earnings of $235 million, compared to $98 million in the... More