Aptiv (APTV) Tops Q1 EPS by 33c, Doesn't Provide Guidance

Aptiv (NYSE: APTV) reported Q1 EPS of $0.68, $0.33 better than the analyst estimate of $0.35. Revenue for the quarter came in at $3.2 billion versus the consensus estimate of $3.01 billion.

Q2 and Full Year 2020 Outlook:

As the Company previously communicated, the current economic environment remains highly uncertain and the impacts of the COVID-19 pandemic are increasingly reducing visibility into when customers' plants will be fully operational, as well as creating the potential for lower consumer demand and additional supply chain interruptions, which could adversely impact vehicle production. As a result, the Company will not be providing second quarter and full year 2020 financial guidance at this time.

For earnings history and earnings-related data on Aptiv (APTV) click here.

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