As U.S. auto supply chain revs up, worker safety fears linger in Mexico
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Lear Corp. (LEA) Tops Q1 EPS by 30c, Revenues Beat
May 8, 2020 6:03 AM EDTLear Corp. (NYSE: LEA) reported Q1 EPS of $2.05, $0.30 better than the analyst estimate of $1.75. Revenue for the quarter came in at $4.5 billion versus the consensus estimate of $4.29 billion.
First Quarter 2020 Highlights
Sales of $4.5 billion, compared to $5.2 billion in the first quarter of 2019Net income of $76 million and adjusted net income of $124 million, compared to $229 million and $253 million, respectively, in the prior yearCore operating earnings of $205 million, compared to $378 million in the first quarter of 2019Estimated negative impact of COVID-19 on Lear's sales and core operating earnings in the first quarter of 2020 was... More