Form 8-K Federal-Mogul Holdings For: Apr 29
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Federal-Mogul Corporation (FDML) Tops Q1 EPS by 11c
April 29, 2015 8:27 AM EDTFederal-Mogul Corporation (NASDAQ: FDML) reported Q1 EPS of $0.25, $0.11 better than the analyst estimate of $0.14. Revenue for the quarter came in at $1.84 billion versus the consensus estimate of $1.95 billion.
Federal-Moguls Powertrain division maintained strong performance in the quarter with revenue of $1,138 million. The Powertrain division generated approximately 70 percent of its revenue outside of the United States and the resulting currency movements decreased sales by approximately $110 million. On a constant dollar basis, revenue increased 12 percent compared to Q1 2014.
"Federal-Mogul Powertrain in Q1 2015 continued to improve global sales across its core product lines on... More
