BorgWarner (BWA) Tops Q4 EPS by 1c, Reaffirms FY Guidance
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BorgWarner Reports Fourth Quarter 2016 U.S. GAAP Net Loss of $(1.39) Per Basic Share, or Earnings of $0.85 Per Diluted Share Excluding Non-Comparable Items
February 9, 2017 6:30 AM ESTAUBURN HILLS, Mich., Feb. 9, 2017 /PRNewswire/ --Â BorgWarner Inc. (NYSE: BWA) today reported fourth quarter and full year results.
Fourth Quarter Highlights:
U.S. GAAP net sales of $2,259 million, up 6.4% compared with fourth quarter 2015. Excluding the impact of foreign currencies and the net impact of Remy M&A, net sales were up 6.6% compared with fourth quarter 2015. U.S. GAAP net loss of $(1.39) per basic share. Excluding the $(2.23) per diluted share related to non-comparable items primarily related to... More