Aptiv Boosts FY24 Adj. EPS Outlook - Updates

RTTNews | 199 days ago
Stocktwits
Aptiv Boosts FY24 Adj. EPS Outlook - Updates

(RTTNews) - While reporting financial results for the first quarter on Thursday, technology company Aptiv PLC (APTV) raised its adjusted earnings guidance for the full-year 2024, while slashing annual net sales outlook.

For fiscal 2024, the company now projects adjusted earnings in a range of $5.80 to $6.30 per share on net sales between $20.85 billion and $21.45 billion.

Previously, the company expected adjusted earnings in a range of $5.55 to $6.05 per share on net sales between $21.30 billion and $21.90 billion.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $5.75 per share on revenues of $21.57 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: APTV
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Canadian Market Settles Lower; TSX Sheds 0.6%

Canadian Market Settles Lower; TSX Sheds 0.6%

The Canadian market ended notably lower on Friday, weighed down by losses in energy, industrials and materials sectors, and on uncertainty about Federal Reserve's interest rate trajectory.
RTTNews | 2 days ago
Dollar Turns In Mixed Performance Against Major Counterparts

Dollar Turns In Mixed Performance Against Major Counterparts

The U.S. dollar turned in a sluggish performance on Friday with investors assessing the Federal Reserve's likely moves with regard to interest rate reductions in the wake of most recent economic data, and Fed Chair Jerome Powell's somewhat hawkish comments.
RTTNews | 2 days ago
Canadian Shares Notably Lower

Canadian Shares Notably Lower

The Canadian market is down in negative territory Friday afternoon with stocks from several sectors reeling under sustained selling pressure amid uncertainty about U.S. interest rate cuts after dovish comments from Fed Chair Jerome Powell.
RTTNews | 2 days ago
Swiss Market Ends Lower On Growth Concerns

Swiss Market Ends Lower On Growth Concerns

Swiss stocks tumbled on Friday, weighed down data showing a slowdown in growth, and uncertainty about Fed interest rate cuts following hawkish comments by the central bank chair Jerome Powell.
RTTNews | 2 days ago
U.S. Dollar Strengthens After Strong Retail Sales Data

U.S. Dollar Strengthens After Strong Retail Sales Data

The U.S. dollar climbed against its most major counterparts in the New York session on Friday, following the release of the latest batch of economic data, including a Commerce Department report showing retail sales increased by slightly more than expected in October.
RTTNews | 2 days ago
U.S. Business Inventories Inch Up Slightly Less Than Expected In September

U.S. Business Inventories Inch Up Slightly Less Than Expected In September

With a jump by retail inventories partly offset by dips by manufacturing and wholesale inventories, the Commerce Department released a report on Friday showing U.S. business inventories crept up by slightly less than expected in the month of September. The Commerce Department said business inventories inched up by 0.1 percent in September after climbing by 0.3 percent in August.
RTTNews | 2 days ago
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