Recap: Dana Q1 Earnings

Recap: Dana Q1 Earnings

 

Dana DAN reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Dana beat estimated earnings by 23.08%, reporting an EPS of $0.16 versus an estimate of $0.13.

Revenue was up $217.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.21 which was followed by a 1.8% drop in the share price the next day.

Here's a look at Dana's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.21 0.48 0.53 0.47
EPS Actual 0 0.41 0.59 0.66
Revenue Estimate 2.17B 2.09B 2.11B 2.01B
Revenue Actual 2.27B 2.20B 2.21B 2.26B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Dana management provided guidance for FY 2022, expecting earnings between $1.05 and $1.55 per share.

To track all earnings releases for Dana visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews