Aptiv Reports First Quarter 2019 Financial Results Ahead of Expectations; Strong Outgrowth Continues Despite Weakening Macro Environment

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Go back to Aptiv Reports First Quarter 2019 Financial Results Ahead of Expectations; Strong Outgrowth Continues Despite Weakening Macro Environment

Aptiv (APTV) Tops Q1 EPS by 4c, Revenues Beat; Affirms Q2 & FY19 EPS/Revenue Guidance Below Consensus

May 2, 2019 6:51 AM EDT

Aptiv (NYSE: APTV) reported Q1 EPS of $1.05, $0.04 better than the analyst estimate of $1.01. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.46 billion.

First Quarter Highlights Include:

Revenue of $3.6 billion, up 4% adjusted for currency exchange, commodity movements and divestituresU.S. GAAP net income of $240 million, diluted earnings per share of $0.92Excluding special items, earnings of $1.05 per diluted... More