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

• Phinia Inc PHIN.N reported quarterly adjusted earnings of 71 cents​​ per share for the quarter ended December 31. The mean expectation of three analysts for the quarter was for earnings of 85 cents per share. Wall Street expected results to range from 71 cents to 95 cents per share.

• Revenue was $833.00 million​; analysts expected $802.08 million.

• Phinia Inc's reported EPS for the quarter was 12 cents​.

• The company reported quarterly net income of $5 million.

• Phinia Inc shares had risen by 1.8% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 2.1% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "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 Phinia Inc is $58.00

This summary was machine generated from LSEG data February 13 at 02:31 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)