Aptiv Reports Record Second Quarter 2018 Financial Results; Raises Full Year Outlook

Go back to Aptiv Reports Record Second Quarter 2018 Financial Results; Raises Full Year Outlook

Aptive PLC. (APTV) PT Raised to $120 at RBC Capital

August 1, 2018 8:42 AM EDT

RBC Capital raised its price target on Aptive PLC. (NYSE: APTV) to $120.00 (from $115.00) while maintaining a Outperform rating.

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UPDATE: Aptiv (APTV) Tops Q2 EPS by 5c, Beats on Revenues; Offers FY18 Revenues Outlook Above Consensus

July 31, 2018 6:54 AM EDT

(Updated - July 31, 2018 6:54 AM EDT)

Aptiv (NYSE: APTV) reported Q2 EPS of $1.40, $0.05 better than the analyst estimate of $1.35. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.55 billion.

Second Quarter Highlights Include:

Revenue of $3.7 billion, up 12% adjusted for currency exchange, commodity movements, acquisitions and divestituresU.S. GAAP net income from continuing operations of $291 million, diluted earnings per share from continuing operations... More