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Zacks News
Superior Industries (SUP) Posts Loss in Q4, Misses on Sales
by Zacks Equity Research
Superior Industries (SUP) projects unit shipments in the band of 18.4-19 million for the ongoing year.
Here's Why Allison Transmission (ALSN) Still Holds Potential
by Zacks Equity Research
While higher tracked vehicle demand is expected to drive Allison Transmission's (ALSN) net sales in 2020, elevated debt and bleak sales outlook might play spoilsport.
Toyota (TM) to Build a $1.22B Electric Vehicle Plant in China
by Zacks Equity Research
Toyota (TM) plans to collaborate with local partner FAW Group and build a new electric vehicle plant in Tianjin.
Toyota to Invest $400M in Self-Driving Start-Up Pony.ai
by Zacks Equity Research
Toyota (TM) plans to co-develop a range of mobility products and services with Pony.ai, going forward.
Tesla & Panasonic to Abort Solar-Cell Production in New York
by Zacks Equity Research
Tesla (TSLA) and Panasonic's decision to cease their solar cell partnership for Gigafactory 2 comes as another setback to the already strained relationship between the two firms.
Bleak Near-Term Prospects for Auto Replacement Parts Industry
by Rimmi Singhi
Industry players should work on developing parts and components in a cost-effective way to drive sales, and help them maintain market share.
Cooper-Standard (CPS) Reports Loss in Q4, Beats on Revenues
by Zacks Equity Research
Cooper-Standard (CPS) projects current-year sales at $2.85-$3.05 billion.
Magna (MGA) Q4 Earnings & Revenues Top Estimates, Down Y/Y
by Zacks Equity Research
Magna (MGA) projects consolidated revenues of $38-$40 billion for the current year.
Cooper Tire's (CTB) Q4 Earnings & Revenues Beat Estimates
by Zacks Equity Research
Cooper Tire (CTB) expects capital expenditure in the $260-$280 million band for the ongoing year.
Tenneco (TEN) Q4 Earnings Miss Estimates, 2020 View Bleak
by Zacks Equity Research
For 2020, Tenneco (TEN) expects revenues in the range of $16.7-$17.1 billion, indicating a decline from $17.45 billion in 2019.
Standard Motor (SMP) Q4 Earnings Surpass Estimates, Up Y/Y
by Zacks Equity Research
Standard Motor's (SMP) Q4 earnings beat estimates on stellar revenues generated in its Engine Management and All Other divisions.
Allison (ALSN) Q4 Earnings & Sales Trump Estimates, Down Y/Y
by Zacks Equity Research
Allison (ALSN) projects current-year net income and adjusted EBITDA of $425-$475 million and $855-$915 million, respectively.
LKQ Corp (LKQ) Q4 Earnings Beat, Revenues Miss Estimates
by Zacks Equity Research
LKQ Corp (LKQ) projects adjusted diluted EPS of $2.46-$2.58 for the current year.
Copart (CPRT) Q2 Earnings Meet Estimates, Sales Top, Up Y/Y
by Zacks Equity Research
Copart (CPRT) Q2 earnings meet estimates on higher-than-anticipated service revenues and expanding network of facilities.
Genuine Parts (GPC) Q4 Earnings & Revenues Surpass Estimates
by Zacks Equity Research
Genuine Parts (GPC) expects total sales growth and adjusted earnings per share of 3-4% and $5.80-$5.90 for 2020, respectively.
Advance Auto Parts (AAP) Q4 Earnings & Revenue Miss Estimates
by Zacks Equity Research
Advance Auto Parts (AAP) projects 2020 consolidated revenues and adjusted operating income margin of $9,880-$10,100 million and 8.4-8.7%, respectively.
American Axle's (AXL) Q4 Earnings Trump Estimates, Down Y/Y
by Zacks Equity Research
American Axle (AXL) projects full-year 2020 sales and adjusted EBITDA of $5.8-$6 billion and $930-$960 million, respectively.
BorgWarner's (BWA) Q4 Earnings Surpass Estimates, Down Y/Y
by Zacks Equity Research
For 2020, BorgWarner (BWA) projects adjusted net earnings of $3.85-$4.15 per diluted share.
Lithia Motors' (LAD) Q4 Earnings Miss Estimates, Up Y/Y
by Zacks Equity Research
Lithia Motors' (LAD) Q4 earnings miss estimates due to lower-than-expected revenues from new-vehicle retail and used-vehicle wholesale businesses.
Goodyear (GT) Q4 Earnings & Revenues Miss Estimates, Down Y/Y
by Zacks Equity Research
Goodyear's (GT) Q4 earnings miss estimates on unfavorable foreign currency translation and lower third-party chemical sales.
Zebra Technologies (ZBRA) Lags Q4 Earnings and Revenue Estimates
by Zacks Equity Research
Zebra (ZBRA) delivered earnings and revenue surprises of -2.47% and -0.33%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Wyndham Hotels (WH) Q4 Earnings Match Estimates
by Zacks Equity Research
Wyndham (WH) delivered earnings and revenue surprises of 0.00% and -0.50%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
AutoNation (AN) Q4 Earnings Surpass Estimates, Rise Y/Y
by Zacks Equity Research
AutoNation's (AN) Q4 earnings beat estimates on increased income across all segments.
Auto Stocks' Earnings Roster for Feb 13: BWA, DANA & More
by Zacks Equity Research
In the fourth quarter, overall earnings and revenues for the auto sector are projected to decline 58% and 10.4% year over year, respectively.
CNH Industrial (CNHI) Q4 Earnings Meet Estimates, Down Y/Y
by Zacks Equity Research
CNH Industrial (CNHI) projects full-year 2020 adjusted earnings per share at 78-86 cents.