Visteon (VC) Tops Q1 EPS by 48c
Visteon (NYSE: VC) reported Q1 EPS of $1.91, $0.48 better than the analyst estimate of $1.43. Revenue for the quarter came in at $810 million versus the consensus estimate of $802.93 million.
- Delivered strong financial performance
- Record electronics sales of $810 million
- Record electronics adjusted EBITDA of $101 million
- Net income of $63 million
- Awarded $1.5 billion in new business
- Infotainment represents largest share
- Third SmartCore™ award – first in China
- Record $16.7 billion order backlog
- Executed $125 million share repurchase
For earnings history and earnings-related data on Visteon (VC) click here.
