UPDATE: Autoliv Posts Upbeat Q2 Earnings

Autoliv (NYSE: ALV) reported upbeat second-quarter earnings on Friday.

Autoliv's quarterly pretax profit dropped to $182 million, from $185 million last year, and versus analysts' estimates of $165 million.

Autoliv projects consolidated sales to fall about 3% in the third quarter.

Autoliv shares closed at $56.64 yesterday.

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