Autoliv (ALV) Misses Q2 EPS by 35c; offers guidance

Autoliv (NYSE: ALV) reported Q2 EPS of $1.87, $0.35 worse than the analyst estimate of $2.22. Revenue for the quarter came in at $2.61 billion versus the consensus estimate of $2.74 billion.

GUIDANCE

Our 2024 guidance is mainly based on our customer call-offs, a full year 2024 global LVP decline of around 3%, the achievement of our targeted cost compensation effects, and a sustained reduction in customer call-off volatility.

Organic sales growth Around 2%

For earnings history and earnings-related data on Autoliv (ALV) click here.

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