Autoliv: Financial Report October - December 2017
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Go back to Autoliv: Financial Report October - December 2017
January 30, 2018 2:55 PM EST
Mizuho Securities raised its price target on Autoliv, Inc. (NYSE: ALV) to $160.00 (from $140.00) while maintaining a Buy rating following in-line results but solid guidance.
Analyst Vijay Rakesh noted 50% airbag order growth in Passive Systems on share gains, and guided FY18 to 11% y/y... More
January 30, 2018 6:34 AM EST
Autoliv (NYSE: ALV) reported Q4 EPS of $2.03, $0.31 better than the analyst estimate of $1.72. Revenue for the quarter came in at $2.73 billion versus the consensus estimate of $2.69 billion.
Comments from Jan Carlson, Chairman, President & CEO: "The fourth quarter ended a year of records and exciting announcements. We are pleased that the fourth quarter sales and gross profit were the highest we have reported for any quarter. The full year 2017 was also the best year we have reported for sales and gross profit. Building on this solid base, we look forward with great expectations, as... More
