TRW Automotive up 14% on Strong Q4 Earnings

TRW Automotive Holdings Corp

is trading higher on the session following its Q4 earnings announcement. The company reported EPS of $1.84 vs $1.55 estimate and revenues of $3.99 billion vs $3.96 billion estimate. John C. Plant, Chairman and Chief Executive Officer of TRW Automotive said, "TRW's solid fourth quarter performance sustained the positive momentum established earlier in the year and propelled the Company to its second consecutive year of record earnings. Achieving record sales and net earnings in 2011 despite the fragile and uncertain business environment demonstrates the strong market position of the Company." TRW Automotive Holdings is currently trading at $47.48, $6.01 or 14.49%.