Market Overview

Lear: Q3 Earnings Insights

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Shares of Lear (NYSE:LEA) moved higher by 0.2% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 5.37% over the past year to $3.73, which beat the estimate of $3.14.

Revenue of $4,900,000,000 higher by 1.55% from the same period last year, which beat the estimate of $4,660,000,000.

Looking Ahead

The upcoming fiscal year's revenue expected to be between $16,350,000,000 and $16,650,000,000.

Conference Call Details

Date: Oct 30, 2020

Time: 08:30 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/lea/mediaframe/40868/indexr.html

Price Action

52-week high: $143.50

52-week low: $63.20

Price action over last quarter: Up 8.10%

Company Profile

Lear designs, develops, and manufactures automotive seating and electrical systems and components. Seating components include frames and mechanisms, covers (leather and woven fabric), foam, and headrests. Automotive electrical distribution systems and major electrical and electronic components include wiring harnesses, terminals and connectors, junction boxes, electronic control modules, wireless control devices, interior and exterior LED lighting systems, and audio systems and electronics.

 

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Posted-In: Earnings News