Autoliv, Inc. (ALV) Posts Q1 EPS of $1.07; Revs Beat; Issues Q2, FY12 Growth Outlook

Autoliv, Inc. (NYSE: ALV) reported Q1 EPS of $1.07, $0.53 worse than the analyst estimate of $1.60. Revenue for the quarter came in at $2.18 billion versus the consensus estimate of $2.17 billion.

The indication for the full year 2012 is that organic sales are expected to grow by approxi­mately 7% and consolidated sales by 4%. The guidance for the second quarter is an increase in consolidated sales of around 3% and approximately 7% for organic sales. The operating margin indication remains unchanged at 10-11% for the full year, while the guidance for the second quarter is an operating margin of more than 9%. This margin indication and guidance excludes costs for capacity alignments and the antitrust investigations and imply a stronger second half of the year, with a margin of around 11%.

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

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