BWA - BorgWarner Stock Jumps On Q1 Earnings: Revenues Beat $500M Buyback Strong Guidance And More | Benzinga
BorgWarner Inc. (NYSE:BWA) 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: The company reported adjusted earnings per share of $1.03, beating the analyst consensus of 87 cents. The company reported quarterly revenues of $3.595 billion, beating the street view of $3.509 billion.
Sales increased 6% year over year primarily due to increased demand for the ...