Autoliv: Q2 Earnings Insights

 

Shares of Autoliv ALV fell 6.3% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 185.71% year over year to $1.20, which missed the estimate of $1.43.

Revenue of $2,022,000,000 higher by 92.94% from the same period last year, which missed the estimate of $2,120,000,000.

Looking Ahead

The upcoming fiscal year's revenue expected to be between $8,936,000,000 and $9,085,000,000.

Details Of The Call

Date: Jul 16, 2021

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/9i6teqze

Price Action

52-week high: $108.76

52-week low: $63.71

Price action over last quarter: down 16.54%

Company Overview

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 13% of 2020 revenue, with Volkswagen and Stellantis accounting for 11% each. At 31% of 2020 revenue, the Americas was Autoliv's largest geographic region, followed by Europe at 28%, China at 21%, and Japan at 10%.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsBZI-Recaps
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!