Lear Corp. (LEA) Misses Q2 EPS by 4c, Revenues In-Line; Offers FY18 Revenue Outlook

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Go back to Lear Corp. (LEA) Misses Q2 EPS by 4c, Revenues In-Line; Offers FY18 Revenue Outlook

Lear Reports Record Second Quarter 2018 Results

July 26, 2018 7:00 AM EDT

SOUTHFIELD, Mich., July 26, 2018 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a leading global supplier of automotive seating and electrical systems, today reported record second quarter 2018 sales and earnings.  Highlights include:

Record sales of $5.6 billion, up 9% from a year ago Record net income of $331 million and record adjusted net income of $330 million, compared to $312 million and $305 million, respectively, in the prior year Record core operating earnings of $471 million, up 7% from a year ago Record earnings per share of $4.83 and record adjusted earnings per share... More