BorgWarner (BWA) Tops Q1 EPS by 7c, Raises FY EPS Guidance

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Go back to BorgWarner (BWA) Tops Q1 EPS by 7c, Raises FY EPS Guidance

BorgWarner Reports First Quarter 2017 U.S. GAAP Net Earnings of $0.89 Per Diluted Share, or $0.91 Per Diluted Share Excluding Non-Comparable Items

April 27, 2017 6:30 AM EDT

AUBURN HILLS, Mich., April 27, 2017 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported first quarter results.

First Quarter Highlights:

U.S. GAAP net sales of $2,407 million, up 6.1% compared with first quarter 2016. On a comparable basis, excluding the impact of foreign currencies and the sale of the Remy light vehicle aftermarket business, net sales were up 12.8% compared with first quarter 2016. U.S. GAAP net earnings of $0.89 per diluted share. Excluding the $(0.02) per diluted share related to... More