Visteon Announces Second-Quarter 2022 Results

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Visteon (VC) PT Raised to $150 at Jefferies

July 29, 2022 8:19 AM EDT

Jefferies analyst David Kelley raised the price target on Visteon (NASDAQ: VC) to $150.00 (from $145.00) while maintaining a Buy rating following results.

The analyst commented, "VC reported a 2Q beat driven by new launches & pricing, while FY guide was reiterated. As 2H dilutive price recoveries... More

Visteon (VC) Tops Q2 EPS by 38c; Maintains Outlook

July 28, 2022 6:59 AM EDT

Visteon (NASDAQ: VC) reported Q2 EPS of $0.85, $0.38 better than the analyst estimate of $0.47. Revenue for the quarter came in at $848 million versus the consensus estimate of $714.75 million.

GUIDANCE:

Visteon is maintaining full-year 2022 guidance and anticipates sales in the range of $3.150 $3.350 billion,... More