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%.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.