Lear Corp. (LEA) Misses Q3 EPS by 4c, Raised FY11 Guidance
Lear Corp. (NYSE: LEA) reported Q3 adjusted EPS of $1.08, $0.04 worse than the analyst estimate of $1.12. Revenue for the quarter came in at $3.5 billion versus the consensus estimate of $3.24 billion.
Lear Corp. sees FY2011 EPS of $5.05-$5.35, versus prior guidance of $4.95-$5.30 and the consensus of $5.42. Lear Corp. sees FY2011 revenue of $13.8-$14.1 billion, versus prior guidance of $13.4-$13.8 billion and the consensus of $13.96 billion.
Lear Corp. sees FY2011 EPS of $5.05-$5.35, versus prior guidance of $4.95-$5.30 and the consensus of $5.42. Lear Corp. sees FY2011 revenue of $13.8-$14.1 billion, versus prior guidance of $13.4-$13.8 billion and the consensus of $13.96 billion.