Market Overview

Lear Cuts Guidance, Shares Fall

Share:

Lear Corporation (NYSE: LEA) shares are trading lower after the company cut its 2019 sales, net income and EBITDA guidance.

Lear cuts 2019 adjusted EBITDA guidance From $2.12 billion-$2.22 billion to $1.87 billion-$1.97 billion.

On Tuesday, Lear shares were trading down 3.5% at $130.22. The stock has a 52-week high of $192.73 and a 52-week low of $114.45 per share.

Related Links:

Goldman Sachs Reports Q2 Earnings Beat

Johnson & Johnson Trades Higher On Q2 Earnings Beat

Posted-In: News Guidance

 

Related Articles (LEA)

View Comments and Join the Discussion!

Bank Of America Revisits CBS-Viacom Merger Reports

SunTrust Downgrades Hilton Hotels And RLJ Lodging Trust