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Zacks News
Honda (HMC) Lags Q3 Earnings & Sales Estimates, Ups View
by Zacks Equity Research
Honda (HMC) expects earnings per share to be 339.64 Japanese yen at the end of fiscal 2020, up from the prior expectation of 329.64 yen.
Toyota (TM) Earnings Beat, Revenues Miss Estimates in Q3
by Zacks Equity Research
Toyota (TM) expects consolidated net revenues to be Yen 29.5 trillion, operating income to be Yen 2.5 trillion and net income to be Yen 2.35 trillion for fiscal 2020.
SPX (SPXC) Earnings Expected to Grow: Should You Buy?
by Zacks Equity Research
SPX (SPXC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Group 1 Automotive (GPI) Q4 Earnings & Sales Beat Estimates
by Zacks Equity Research
Group 1 Automotive's (GPI) Q4 results reflect stellar performance in the United States along with strong focus on used vehicles, service, finance & insurance businesses, and cost control.
Penske Automotive (PAG) Q4 Earnings Beat Estimates, Rise Y/Y
by Zacks Equity Research
Penske Automotive (PAG) Q4 earnings beat estimates mainly aided by the Warner Truck Group acquisition and robust U.S. retail operations.
O'Reilly (ORLY) Misses Q4 Earnings Estimates, Boosts Buyback
by Zacks Equity Research
Bringing in pleasant news for shareholders, O'Reilly Automotive (ORLY) approves additional buyback worth $1 billion, raising the aggregate authorization to $13.75 billion.
General Motors (GM) Q4 Earnings Top Estimates, Sales Lag
by Zacks Equity Research
General Motors (GM) forecasts 2020 adjusted EPS between $5.75 and $6.25 per share.
Ford (F) Q4 Earnings & Revenues Miss Estimates, Down Y/Y
by Zacks Equity Research
For 2020, Ford (F) anticipates adjusted free cash flow of $2.4-$3.4 billion and adjusted EBIT between $5.6 billion and $6.6 billion.
The Zacks Analyst Blog Highlights: Tesla, Gentherm, Gentex and SPX
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Tesla, Gentherm, Gentex and SPX
Cummins (CMI) Q4 Earnings & Sales Top Estimates, Down Y/Y
by Zacks Equity Research
For 2020, Cummins now projects revenue decline of 8-12% amid weaker global markets.
WABCO to Sell Sheppard to Knorr-Bremse's Bendix for $149.5M
by Zacks Equity Research
WABCO's (WBC) sale of Sheppard business is subject to customary closing conditions and regulatory approvals, and also depends on the closing of the WABCO's ZF acquisition.
Tesla (TSLA) Signs Battery-Supply Agreement With China's CATL
by Zacks Equity Research
Tesla's (TSLA) battery-supply agreement with CATL will last two years, from July 2020 through June 2022, and has no specified capacity restrictions.
Gentex (GNTX) Tops Q4 Earnings Estimates, Issues 2020 View
by Zacks Equity Research
Gentex (GNTX) expects fiscal 2020 revenues in the band of $1.91-$2 billion.
Adient (ADNT) Tops Q1 Earnings & Sales Estimates, Tweaks View
by Zacks Equity Research
For 2020, Adient (ADNT) projects adjusted EBITDA at $870-$910 million, up from the prior guidance of $820-$860 million.
Johnson Controls (JCI) Q1 Earnings Beat Estimates, Up Y/Y
by Zacks Equity Research
Johnson Controls (JCI) reaffirms fiscal 2020 adjusted EPS from continuing operations of $2.50-$2.60, suggesting a 28-33% increase, year over year.
Meritor (MTOR) Beats Q1 Earnings Estimates, Trims Guidance
by Zacks Equity Research
For fiscal 2020, Meritor (MTOR) now expects sales to total $3.7 billion versus the previous guided range of $3.7-$3.8 billion.
Navistar Receives $2.9B Buyout Offer From Volkswagen Arm
by Zacks Equity Research
Navistar (NAV) to be acquired by TRATON SE in deal worth $2.9-billion or $35 per share bid.
Oshkosh (OSK) Q1 Earnings Miss, Revenues Beat Estimates
by Zacks Equity Research
Oshkosh (OSK) reaffirms fiscal 2020 diluted earnings per share estimate at $7.30-$8.10, while net sales are projected at $7.9-$8.2 billion.
Tesla's (TSLA) Q4 Earnings & Revenues Beat Estimates, Up Y/Y
by Zacks Equity Research
Tesla (TSLA) anticipates vehicle deliveries to exceed 500,000 units in the ongoing year.
Autoliv (ALV) Q4 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Autoliv (ALV) expects organic sales growth as well as net sales growth to be up 3-4% in 2020.
Lear (LEA) Earnings & Revenues Beat Estimates in Q4, Down Y/Y
by Zacks Equity Research
Lear (LEA) projects capital spending of roughly $600 million, while free cash flow is expected to lie between $600-$700 million in 2020.
PACCAR (PCAR) Q4 Earnings & Revenues Top Estimates, Down Y/Y
by Zacks Equity Research
PACCAR (PCAR) projects capital expenditures, and research and development expenses at $625-$675 million and $310-$340 million, respectively, for the current year.
Harley-Davidson (HOG) Q4 Earnings Top, Sales Lag Estimates
by Zacks Equity Research
Higher-than-expected motorcycle sales in the Asia Pacific region and operational efficiency buoy Harley-Davidson's (HOG) Q4 earnings.
General Motors to Invest $3B to Produce All-Electric Vehicles
by Zacks Equity Research
General Motors (GM) will spend $2.2 billion at its Detroit-Hamtramck assembly plant, while the remaining $800 million will be used in supplier tooling and other projects.
Ford (F) to Incur $2.2B Pre-Tax Loss in Q4 Over Pension Plans
by Zacks Equity Research
Ford (F) likely to incur a pre-tax loss of about $2.2 billion in fourth-quarter 2019, which will dent its net income.