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auto-tires-trucks: Archive

Zacks Equity Research

Zacks Industry Outlook Highlights BYD, BMW and XPeng

BYD, BMW and XPeng have been highlighted in this Industry Outlook article.

BAMXFPositive Net Change BYDDYNegative Net Change XPEVPositive Net Change

Kevin Cook

Bull of the Day: PACCAR (PCAR)

Strong quarter shows resilient demand for trucks while stock remains excellent value play

PCARPositive Net Change NVDAPositive Net Change

Zacks Equity Research

Toyota (TM) Up 1.7% Since Q2 Earnings Miss on Raised Sales View

For fiscal 2023, Toyota (TM) projects fiscal 2023 sales to total 36 trillion yen, implying an increase from 31.4 trillion yen recorded in fiscal 2022 and higher than the prior view of 34.5 trillion yen.

FNegative Net Change TMNegative Net Change GMNegative Net Change

Rimmi Singhi

3 Foreign Auto Stocks to Ride the Industry's Upbeat Mood

The Zacks Foreign Auto industry is currently placed in the top 38% of more than 250 Zacks industries. Riding on rising sales of EVs and high retail prices, investing in BYDDY, BAMXF and XPEV could fetch you solid returns.

BYDDYNegative Net Change BAMXFPositive Net Change XPEVPositive Net Change

Zacks Equity Research

Is a Surprise Coming for Lion (LEV) This Earnings Season?

Lion (LEV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Zacks Equity Research

Lordstown (RIDE) Inks Deal to Sell Almost 20% Stake to Foxconn

Lordstown (RIDE) to sell nearly 20% stake to Foxconn for an investment of roughly $170 million. The capital will be used to fund the development of EVs for a new collaborative program with Foxconn.

GPCNegative Net Change ALSNNegative Net Change PRTSNegative Net Change

Zacks Equity Research

Westport (WPRT) Q3 Loss In Line, Sales Lag Estimates & Fall Y/Y

Westport (WPRT) Q3 loss of 7 cents a share widens from the year-ago quarter. Revenues also inch down 4% from the corresponding quarter of 2021.

ALVNegative Net Change BWANegative Net Change WPRTNegative Net Change ALSNNegative Net Change

Zacks Equity Research

Magna (MGA) Misses on Q3 Earnings & Sales, Trims '22 View

Magna (MGA) now expects full-year 2022 revenues in the band of $37.4-$38.4 billion, down from the previously guided range of $37.6-$39.2 billion.

ALVNegative Net Change BWANegative Net Change MGANegative Net Change ALSNNegative Net Change

Zacks Equity Research

Ryder (R), Aurora to Pilot Maintenance of Autonomous Trucks

Fleet management provider Ryder (R) announces collaboration with AV company Aurora for a pilot project for on-site maintenance of the fleet of autonomous trucks.

GPCNegative Net Change RNegative Net Change ALSNNegative Net Change PRTSNegative Net Change

Zacks Equity Research

Why Earnings Season Could Be Great for Rivian Automotive (RIVN)

Rivian Automotive (RIVN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

RIVNNegative Net Change

Zacks Equity Research

Adient (ADNT) Q4 Earnings & Sales Top Estimates, Increase Y/Y

Adient (ADNT) delivers an earnings beat in fourth-quarter fiscal 2022. Its top and bottom lines see year-over-year growth. All the segments report robust growth.

GPCNegative Net Change CMINegative Net Change PRTSNegative Net Change ADNTNegative Net Change

Rimmi Singhi

Auto Roundup: Key Tidbits From Q3 Reports of GT, CMI, LEA, CVNA & TEN

While Lear posts a comprehensive beat, Goodyear Tire (GT), Carvana (CVNA), Tenneco (YEN) and Cummins (CMI) lag earnings estimates.

CMINegative Net Change GTNegative Net Change TENPositive Net Change LEANegative Net Change CVNAPositive Net Change

Zacks Equity Research

Is a Surprise Coming for CNH Industrial (CNHI) This Earnings Season?

CNH Industrial (CNHI) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

CNHIPositive Net Change

Zacks Equity Research

American Axle (AXL) Beats on Q3 Earnings & Sales, Trims '22 View

American Axle (AXL) delivers an earnings beat in third-quarter 2022. Its bottom line soars year over year. The firm brings down sales and EBITDA estimates for 2022.

GPCNegative Net Change CMINegative Net Change AXLNegative Net Change PRTSNegative Net Change

Zacks Equity Research

New Strong Sell Stocks for November 7th

HOUS, ADNT and ASIX have been added to the Zacks Rank #5 (Strong Sell) List on November 7, 2022.

ADNTNegative Net Change ASIXNegative Net Change HOUSPositive Net Change

Zacks Equity Research

Will Rivian (RIVN) Pull Off a Beat This Earnings Season?

The Zacks Consensus Estimate for Rivian (RIVN) is pegged at a loss of $1.78 per share for Q3 and the same for revenues stands at $513.89 million.

TSLAPositive Net Change RIVNNegative Net Change

Zacks Equity Research

Standard Motor's (SMP) Q3 Earnings Beat, Revenues Up Y/Y

Standard Motor (SMP) delivers an earnings beat in third-quarter 2022. Sales across its segments increase year over year. SMP announces a quarterly dividend of 27 cents a share.

GPCNegative Net Change CMINegative Net Change SMPNegative Net Change PRTSNegative Net Change

Zacks Equity Research

Carvana (CVNA) Q3 Loss Wider Than Expected, Sales Decline

Carvana (CVNA) reports a year-over-year wider loss in third-quarter 2022. Sales in the used and wholesale vehicle units log robust growth.

GPCNegative Net Change CMINegative Net Change PRTSNegative Net Change CVNAPositive Net Change

Zacks Equity Research

Goodyear's (GT) Q3 Earnings Lag Estimates, Revenues Up Y/Y

Goodyear (GT) misses earnings and sales estimates in third-quarter 2022. Its top line registers year-over-year growth while its bottom line sees a decline.

GPCNegative Net Change CMINegative Net Change GTNegative Net Change PRTSNegative Net Change

Zacks Equity Research

Tenneco (TEN) Q3 Earnings Miss, Sales Surpass Estimates

Tenneco (TEN) incurs Q3 loss of 14 cents a share on account of high costs. Meanwhile, revenues top estimates as well as rise year over year.

ALVNegative Net Change BWANegative Net Change TENPositive Net Change ALSNNegative Net Change

Zacks Equity Research

The Zacks Analyst Blog Highlights Zai Lab, Li Auto, Dingdong (Cayman), Autohome and JD.com

Zai Lab, Li Auto, Dingdong (Cayman), Autohome and JD.com are part of the Zacks top Analyst Blog.

JDNegative Net Change ATHMNegative Net Change ZLABPositive Net Change LIPositive Net Change DDLNegative Net Change

Zacks Equity Research

Zacks Market Edge Highlights: Tesla, General Motors, Ford Motor, Toyota Motors and Ferrari N.V.

Zacks Market Edge Highlights: Tesla, General Motors, Ford Motor, Toyota Motors and Ferrari N.V.

FNegative Net Change TMNegative Net Change GMNegative Net Change TSLAPositive Net Change RACENegative Net Change

Zacks Equity Research

Cummins (CMI) Q3 Earnings Miss Estimates, Deteriorate Y/Y

Cummins (CMI) continues to expect revenues to grow 8% year over year. It forecasts EBITDA at 15% of sales now, down from 15.5% of sales guided earlier.

CMINegative Net Change BAMXFPositive Net Change

Tracey Ryniec

Should You Buy the Auto Stocks Now?

Many auto stocks are dirt cheap and even Tesla is down over 30% in 2022. Is it a buying opportunity?

FNegative Net Change TMNegative Net Change GMNegative Net Change TSLAPositive Net Change RACENegative Net Change

Zacks Equity Research

What's in the Offing for Lordstown's (RIDE) Q3 Earnings?

The Zacks Consensus Estimate for Lordstown (RIDE) is pegged at a loss of 28 cents per share for Q3. The projected bottom line implies a year-over-year improvement of 48.1%.

CNHIPositive Net Change RIVNNegative Net Change