Delphi Automotive (DLPH) Tops Q1 EPS by 2c; Guides Roughly In-Line

Delphi Automotive (NYSE: DLPH) reported Q1 EPS of $1.36, $0.02 better than the analyst estimate of $1.34. Revenue for the quarter came in at $4.1 billion versus the consensus estimate of $4.09 billion.

"Delphi's strong quarterly results reflect the execution of our strategy, which delivered solid revenue growth and margin expansion," said Kevin Clark, president and chief executive officer. "We remain confident in our ability to deliver on our customer and shareholder commitments in 2016 and beyond."

GUIDANCE:

Delphi Automotive sees Q2 2016 EPS of $1.50-$1.60, versus the consensus of $1.58. Delphi Automotive sees Q2 2016 revenue of $4.125-4.225 billion, versus the consensus of $4.29 billion.

Delphi Automotive sees FY2016 EPS of $5.60-$6.10, versus the consensus of $6.06. Delphi Automotive sees FY2016 revenue of $16.6-17 billion, versus the consensus of $16.89 billion.

For earnings history and earnings-related data on Delphi Automotive (DLPH) click here.

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