Visteon (VC) Tops Q1 EPS by 32c, Revenues Beat

Visteon (NASDAQ: VC) reported Q1 EPS of $0.56, $0.32 better than the analyst estimate of $0.24. Revenue for the quarter came in at $746 million versus the consensus estimate of $712.03 million.

“Following our strong performance in the second half of 2020, Visteon continued to execute its growth strategy in the first quarter of 2021," said President and CEO Sachin Lawande. “The $1.8 billion of new business booked in the first quarter shows the strength of our core products and their alignment with the key industry trends of digitalization and electrification."

For earnings history and earnings-related data on Visteon (VC) click here.

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