TRW Automotive (TRW) Tops Q1 EPS by 16c

TRW Automotive (NYSE: TRW) reported Q1 EPS of $1.81, ex-items, $0.16 better than the analyst estimate of $1.65. Revenue for the quarter came in at $4.4 billion versus the consensus estimate of $4.3 billion.

TRW Automotive sees FY2014 revenue of $17.4-17.7 billion, versus the consensus of $17.5 billion.

"TRW achieved a strong start to 2014 as evidenced by the Company's first quarter performance," said John C. Plant, Chairman and Chief Executive Officer. "Increasing global demand for TRW's safety technologies, especially in China where sales increased 16% year-on-year, combined with increased vehicle production in each of the Company's major regions, continued to drive profitable growth, solid results and long-term value to our shareholders."

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

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