Recap: Dana Q2 Earnings

Shares of Dana DAN rose 0.5% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share decreased 179.31% year over year to ($0.69), which beat the estimate of ($0.79).

Revenue of $1,078,000,000 declined by 53.25% from the same period last year, which beat the estimate of $1,060,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Dana hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Jul 30, 2020

Time: 10:00 AM

ET Webcast URL: https://danacorpevents.webex.com/mw3300/mywebex/default.do?nomenu=true&siteurl=danacorpevents&service=6&rnd=0.7826456441539924&main_url=https%3A%2F%2Fdanacorpevents.webex.com%2Fec3300%2Feventcenter%2Fevent%2FeventAction.do%3FtheAction%3Ddetail%26%26%26EMK%3D4832534b000000044da0fe84530a6912d31173b2ca1447a45ae54b3692aa94b71036efb2fb34ebb6%26siteurl%3Ddanacorpevents%26confViewID%3D166128272290133881%26encryptTicket%3DSDJTSwAAAASBo1wRc9XCDe3zHorcIlvO4mLcwOcf84a29pV0Fb6w-w2%26

Recent Stock Performance

52-week high: $19.61

Company's 52-week low was at $4.22

Price action over last quarter: Up 19.57%

Company Profile

Dana Inc is a supplier of driveline (axles, driveshafts, and transmissions), sealing, and thermal-management technologies for vehicles with both conventional and alternative-energy powertrains. The company produces for original-equipment manufacturers and the aftermarket for Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Drive and Motion Technologies (Off-Highway) and Power Technologies. Dana operates in generates the majority of its revenue from its light vehicle segment, selling primarily to Ford, Hyundai, Tata, Nissan, GM, and Toyota. The company's largest end market is North America.