BorgWarner (BWA) Tops Q1 EPS by 2c

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Go back to BorgWarner (BWA) Tops Q1 EPS by 2c

BorgWarner Reports First Quarter 2016 U.S. GAAP Net Earnings of $0.75 Per Diluted Share, or $0.80 Per Diluted Share Excluding Non-Comparable Items

April 28, 2016 8:03 AM EDT

AUBURN HILLS, Mich., April 28, 2016 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported first quarter results.

First Quarter Highlights:

U.S. GAAP net sales of $2,269 million, up 14.3% compared with first quarter 2015. Excluding the impact of foreign currencies and the Remy acquisition, net sales were up 4.5% compared with first quarter 2015. U.S. GAAP net earnings of $0.75 per diluted share. Excluding the $(0.05) per diluted share related to net non-comparable items (detailed in the table below), net earnings were $0.80 per... More

BorgWarner Declares Quarterly Dividend

April 27, 2016 4:17 PM EDT

AUBURN HILLS, Mich., April 27, 2016 /PRNewswire/ -- The board of directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.13 per share of common stock.  The dividend is payable on June 15, 2016 to shareholders of record on June 1,... More