Aptiv (APTV) Tops Q1 EPS by 10c, Offers Guidance
Aptiv (NYSE: APTV) reported Q1 EPS of $1.29, $0.10 better than the analyst estimate of $1.19. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.37 billion.
The Company's second quarter and full year 2018 financial guidance is as follows:
(in millions, except per share amounts) | Q2 2018 | Full Year 2018 |
Net sales | $3,500 - $3,600 | $13,950 - $14,350 |
Adjusted operating income | $450 - $470 | $1,750 - $1,830 |
Adjusted operating income margin | 12.9% - 13.1% | 12.6% - 12.8% |
Adjusted net income per share | $1.33 - $1.38 | $5.20 - $5.40 |
Cash flow from operations | $1,550 | |
Capital expenditures | $750 | |
Adjusted effective tax rate | 15% - 16% | 15% - 16% |
(Street sees FY EPS of $5.20 on revenue of $13.91)
For earnings history and earnings-related data on Aptiv (APTV) click here.