BorgWarner (BWA) Misses Q3 EPS by 5c, Revenues Miss; Affirms FY18 EPS/Revenue Outlook
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BorgWarner Reports Third Quarter 2018 U.S. GAAP Net Earnings Of $0.98 Per Diluted Share, Or $1.00 Per Diluted Share Excluding Non-Comparable Items
October 25, 2018 6:30 AM EDTAUBURN HILLS, Mich., Oct. 25, 2018 /PRNewswire/ --Â BorgWarner Inc. (NYSE: BWA) today reported third quarter results.
Third Quarter Highlights:
U.S. GAAP net sales of $2,479 million, up 2.6% compared with third quarter 2017. On a comparable basis, excluding the impact of foreign currencies and the acquisition of Sevcon, net sales were up 3.6% compared with third quarter 2017.U.S. GAAP net earnings of $0.98 per diluted share. Excluding non-comparable items (detailed in the table below), net earnings were $1.00 per diluted... More