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Shares of Autoliv (NYSE:ALV) rose 3.5% in pre-market trading after the company reported Q4 results.
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Quarterly Results
Earnings per share rose 19.02% year over year to $2.19, which beat the estimate of $1.93.
Revenue of $2,517,000,000 rose by 14.88% from the same period last year, which beat the estimate of $2,410,000,000.
Looking Ahead
The upcoming fiscal year's revenue expected to be between $9,309,000,000 and $9,309,000,000.
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Recent Stock Performance
52-week high: $95.93
Company's 52-week low was at $38.16
Price action over last quarter: Up 10.65%
Company Description
Autoliv is the global leader in passive safety components and systems for the auto industry. Products include seat belts, frontal air bags, side-impact air bags, air bag inflators, and steering wheels. The Renault-Nissan-Mitsubishi alliance is the company's largest customer at 16% of 2019 revenue, with Volkswagen and Honda accounting for 10% each. At 36% of 2019 revenue, the Americas was Autoliv's geographic region, followed by Europe at 31%. China and Japan each accounted for 11% of 2019 revenue.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.