Dana Holdings (DAN) Tops Q4 EPS by 8c, Beats on Revenues; Offers FY18 EPS/Revenue Mid-Point Guidance Below Consensus
Dana Holdings (NYSE: DAN) reported Q4 EPS of $0.62, $0.08 better than the analyst estimate of $0.54. Revenue for the quarter came in at $1.84 billion versus the consensus estimate of $1.77 billion.
- Diluted adjusted earnings per share, which excludes the above-mentioned nonrecurring income tax and divestiture effects along with other items, were $0.62 in the fourth quarter of 2017, compared with $0.59 in the same period last year.
2018 Full-Year Financial Targets
- Sales of $7.5 to $7.7 billion;
- Adjusted EBITDA of $910 to $960 million, an implied adjusted EBITDA margin of approximately 12.3 percent;
- Diluted adjusted EPS1 of $2.60 to $2.90;
- Operating cash flow of approximately 7.5 percent of sales;
- Capital spending of approximately 4.0 percent of sales; and
- Free cash flow of approximately 3.5 percent of sales.
GUIDANCE:
Dana Holdings sees FY2018 EPS of $2.60-$2.90, versus the consensus of $2.88. Dana Holdings sees FY2018 revenue of $7.1-7.8 billion, versus the consensus of $7.74 billion.
For earnings history and earnings-related data on Dana Holdings (DAN) click here.
