BUZZ-BorgWarner falls after lower-than-expected annual revenue, profit
ReutersFeb 6, 2025 3:58 PM
Shares of auto parts supplier BorgWarner BWA.N down 1.5% at $30.69
Co forecasts 2025 revenue and profit below analysts' estimates on expectations of lower automobile production and a strong U.S. dollar
Expects 2025 net sales to be in the range of $13.4 bln to $14.0 bln, below estimates of $14.41 bln, according to data compiled by LSEG
Sees full-year adjusted profit per share to be between $4.05 and $4.40, compared with estimates of $4.49 per share
Stock fell 11.3% in 2024
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