BorgWarner (BWA) Tops Q3 EPS by 1c; Narrows Outlook
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BorgWarner Reports Third Quarter 2016 U.S. GAAP Net Earnings Of $0.39 Per Diluted Share, Or $0.78 Per Diluted Share Excluding Non-Comparable Items
October 27, 2016 8:00 AM EDTAUBURN HILLS, Mich., Oct. 27, 2016 /PRNewswire/ --Â BorgWarner Inc. (NYSE: BWA) today reported third quarter results.
Third Quarter Highlights:
U.S. GAAP net sales of $2,214 million, up 17.5% compared with third quarter 2015. Excluding the impact of foreign currencies and the Remy acquisition, net sales were up 6.1% compared with third quarter 2015. U.S. GAAP net earnings of $0.39 per diluted share. Excluding the $(0.39) per diluted share related to non-comparable items (detailed in the table below), net earnings were $0.78 per diluted... More