HYMLY - Aptiv PLC Stock Takes Off After Q1 Financial Performance Restructuring Deal | Benzinga
Aptiv PLC (NYSE:APTV) reported first-quarter financial results Thursday before the bell, following which the shares started soaring. Here’s a look at the key metrics from the quarter.
Q1 Earnings Detail: Aptiv reported first-quarter adjusted earnings per share of $1.16, beating the street expectation of $1.01. The company reported quarterly revenues of $4.901 billion, missing the analyst consensus of $5.008 billion.
Adjusted for currency exchange and commodity movements, revenue increased by 2% in the first quarter, reflecting growth of 7% in Asia, which includes 9% in China and 2% in North America, partially offset by declines of 1% in Europe and 9% in South America.
“Aptiv delivered ...