Borgwarner Inc reports results for the quarter ended December 31 - Earnings Summary

• Borgwarner Inc BWA.N reported quarterly adjusted earnings of $1.01​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 90 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 96 cents per share. Wall Street expected results to range from 85 cents to $1.04 per share.

• Revenue fell 2.4% to $3.44 billion from a year ago; analysts expected $3.45 billion.

• Borgwarner Inc's reported EPS for the quarter was a loss of $1.85​.

• The company reported a quarterly loss of $405 million.

• Borgwarner Inc shares had fallen by 2.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "buy"

Wall Street's median 12-month price target for Borgwarner Inc is $40.00

This summary was machine generated from LSEG data February 6 at 02:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)