Lear Reports Second Quarter 2019 Results

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Lear Corp. (LEA) Tops Q2 EPS by 2c; Lowers FY19 Revenue Outlook

July 26, 2019 6:03 AM EDT

Lear Corp. (NYSE: LEA) reported Q2 EPS of $3.78, $0.02 better than the analyst estimate of $3.76. Revenue for the quarter came in at $5 billion versus the consensus estimate of $5.05 billion.

Sales of $5.0 billion, compared to $5.6 billion in second quarter 2018Net income of $183 million and adjusted net income of $236 million, compared to $331 million and $330 million, respectively, in the prior yearCore operating earnings of... More