Dana Incorporated Reports Third-quarter 2020 Financial Results; Strong Sequential Sales Increase of 85 percent
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Dana Incorporated (DAN) Tops Q3 EPS by 8c, Revenues Beat; Offers FY20 EPS/Revenues Guidance
October 28, 2020 7:01 AM EDTDana Incorporated (NYSE: DAN) reported Q3 EPS of $0.31, $0.08 better than the analyst estimate of $0.23. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.76 billion.
Third-quarter Highlights
Sales of $2 billion; up $900 million from the second quarter as global COVID-19 impacts temperedNet income attributable to Dana of $45 million; diluted EPS of $0.31Adjusted EBITDA of $201 million; margin of 10.1... More