Lear Reports Record First Quarter 2016 Results and Increases Full Year Financial Outlook

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Go back to Lear Reports Record First Quarter 2016 Results and Increases Full Year Financial Outlook

Lear Corp. (LEA) Tops Q1 EPS by 63c; Raises Earnings Outlook

April 27, 2016 7:05 AM EDT

Lear Corp. (NYSE: LEA) reported Q1 EPS of $3.40, $0.63 better than the analyst estimate of $2.77. Revenue for the quarter came in at $4.7 billion versus the consensus estimate of $4.69 billion.

GUIDANCE:

Lear Corp. sees FY2016 revenue of $18.5-19 billion, versus the... More