02.11.2023 11:50:19 - dpa-AFX: Aptiv PLC Q3 Profit Increases, beats estimates
DUBLIN (dpa-AFX) - Aptiv PLC (APTV) reported earnings for its third quarter
that increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $1.63 billion, or $5.76 per share. This
compares with $286 million, or $1.05 per share, in last year's third quarter.
Excluding items, Aptiv PLC reported adjusted earnings of $367 million or $1.30
per share for the period.
Analysts on average had expected the company to earn $1.23 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 10.8% to $5.11 billion from $4.61
billion last year.
Aptiv PLC earnings at a glance (GAAP) :
-Earnings (Q3): $1.63 Bln. vs. $286 Mln. last year.
-EPS (Q3): $5.76 vs. $1.05 last year.
-Analyst Estimate: $1.23
-Revenue (Q3): $5.11 Bln vs. $4.61 Bln last year.
-Guidance:
Full year EPS guidance: $4.60 - $4.90
Full year revenue guidance: $19,950 -$20,250 Mln
Copyright(c) 2023 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX