Lear Reports Fourth Quarter and Full Year 2020 Results and Provides Full Year 2021 Outlook
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Lear Corp. (LEA) Tops Q4 EPS by 19c, Revenues Beat; Offers FY21 Revenue Guidance
February 4, 2021 6:13 AM ESTLear Corp. (NYSE: LEA) reported Q4 EPS of $3.66, $0.19 better than the analyst estimate of $3.47. Revenue for the quarter came in at $5.2 billion versus the consensus estimate of $5.01 billion.
Fourth Quarter 2020
Sales of $5.2 billion, compared to $4.8 billion in the fourth quarter of 2019Continued to grow sales faster than the market in both segments; E-Systems growth over market of 11 percentage points and Seating growth over market of 7 percentage pointsNet income of $202... More