ALV - Autoliv Gains 8% After Q1 Beat - Projects Increased Capacity In Vietnam China And India | Benzinga
Autoliv, Inc. (NYSE:ALV) shares are trading higher on Friday.
The company reported first-quarter adjusted earnings per share of $1.58, beating the analyst consensus of $1.42.
Quarterly sales of $2.62 billion beat the street view of $2.60 billion. Sales rose by 4.9% year over year.
Adjusted operating margin in the quarter under review expanded to 7.6% from 5.3%, driven mainly by volume growth and cost reductions. Adjusted ...