DAN - What's Going On With Dana Shares After Reporting Q1 Results? | Benzinga
Dana Incorporated (NYSE:DAN) shares are trading lower on Tuesday after reporting first-quarter results.
The company reported adjusted earnings per share of 27 cents, beating the street view of 19 cents.
Quarterly sales of $2.735 billion beat the analyst consensus of $2.684 billion.
Dana reported quarterly adjusted EBITDA of $223 million, an increase of $19 million over last year.
“We achieved 39 percent profit conversion on traditional organic sales in the quarter. This performance is well above our historical conversion for the first quarter and positions ...