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

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

BorgWarner Reports First Quarter 2018 U.S. GAAP Net Earnings Of $1.07 Per Diluted Share, Or $1.10 Per Diluted Share Excluding Non-Comparable Items

April 26, 2018 6:30 AM EDT

AUBURN HILLS, Mich., April 26, 2018 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported first quarter results.

First Quarter Highlights:

U.S. GAAP net sales of $2,784 million, up 15.7% compared with first quarter 2017. On a comparable basis, excluding the impact of foreign currencies and the acquisition of Sevcon, net sales were up 6.6% compared with first quarter 2017. U.S. GAAP net earnings of $1.07 per diluted share. Excluding the non-comparable item (detailed in the table below), net earnings were $1.10 per diluted... More