Autoliv - Financial Report January - March 2018

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Autoliv (ALV) Misses Q1 EPS by 14c, Revs Beat; Spin-Off on Track

April 27, 2018 6:18 AM EDT

Autoliv (NYSE: ALV) reported Q1 EPS of $1.66, $0.14 worse than the analyst estimate of $1.80. Revenue for the quarter came in at $2.81 billion versus the consensus estimate of $2.77 billion.

Comments from Jan Carlson, Chairman, President & CEO:

"The first quarter 2018 was a solid quarter with record sales and record gross profit. Adjusted operating margin* was in line with guidance and I am pleased that it improved year-over-year for the second consecutive quarter. Operating cash flow is seasonally... More