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.

You May Also Be Interested In

• Movano (MOVE) Misses Q2 EPS by 195c
• SVB & T Corporation (SVBT) Tops Q2 EPS by 275c
• Hydrofarm Holdings Group, Inc. (HYFM) Misses Q2 EPS by 134c