BorgWarner Reports First Quarter 2024 Results and Increases Full-Year EPS Guidance, Announces Additional Share Repurchase Authorization

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BorgWarner (BWA) Tops Q1 EPS by 16c, Beats on Revenue; Offers FY24 Guidance

May 2, 2024 6:34 AM EDT

BorgWarner (NYSE: BWA) reported Q1 EPS of $1.03, $0.16 better than the analyst estimate of $0.87. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.51 billion.

GUIDANCE:

BorgWarner sees FY2024 EPS of $3.80-$4.15, versus the consensus of $3.90. BorgWarner sees... More