BorgWarner Reports First Quarter 2020 U.S. GAAP Net Earnings of $0.63 Per Diluted Share, or $0.77 Per Diluted Share Excluding Non-Comparable Items

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BorgWarner (BWA) Tops Q1 EPS by 27c, Lowers FY20 Guidance

May 6, 2020 6:36 AM EDT

BorgWarner (NYSE: BWA) reported Q1 EPS of $0.77, $0.27 better than the analyst estimate of $0.50. Revenue for the quarter came in at $2.28 billion versus the consensus estimate of $2.03 billion.

GUIDANCE:

BorgWarner sees FY2020 revenue of $7.25-8 billion, versus the consensus of $8.51 billion.

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