Market Overview

Recap: Aptiv Q3 Earnings

Share:

 

Shares of Aptiv (NYSE:APTV) were flat in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 11.02% year over year to $1.13, which beat the estimate of $0.71.

Revenue of $3,668,000,000 rose by 3.06% year over year, which beat the estimate of $3,230,000,000.

Looking Ahead

Aptiv hasn't issued any earnings guidance for the time being.

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

Conference Call Details

Date: Oct 29, 2020

Time: 08:00 AM

ET Webcast URL: https://event.webcasts.com/starthere.jsp?ei=1378709&tp_key=f647791ac5

Technicals

52-week high: $102.18

52-week low: $29.22

Price action over last quarter: Up 20.35%

Company Overview

Aptiv's Signal and Power Solutions segment supplies components and systems that make up a vehicle's electrical system backbone, including wiring assemblies and harnesses, connectors, electrical centers, and hybrid electrical systems. The Advanced Safety and User Experience segment provides body controls, infotainment and connectivity systems, passive and active safety electronics, advanced driver-assist technologies, and displays, as well as the development of software for these systems. Aptiv's largest customer is GM at roughly 13% of revenue, including sales to GM's Shanghai joint venture. North America and Europe represented approximately 38% and 33% of total 2019 revenue, respectively.

 

Related Articles (APTV)

View Comments and Join the Discussion!

Posted-In: Earnings News