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Lear Boosts FY23 Outlook
(RTTNews) - Ahead of its Seating Product Day later on Tuesday, Lear Corp. (LEA), an automotive technology leader in Seating and E-Systems, raised its adjusted net income and net sales guidance for the full-year 2023.
For fiscal 2023, the company now projects adjusted net income in a range of $620 million to $720 million on net sales between $22.35 billion and $23.05 billion.
Previously, the company expected adjusted net income in the range of $510 million to $670 million on net sales between $21.20 billion and $22.20 billion.
On average, 15 analysts polled by Thomson Reuters expect the company to report net sales of $22.63 billion for the year.
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Lear Guides FY24 Net Sales In Line With Estimates - Update
While reporting financial results for the fourth quarter on Tuesday, automotive technology company Lear Corp. (LEA), an automotive technology leader in Seating and E-Systems, initiated its core operating earnings and net sales guidance for the full-year 2024.
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559天前
Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming its early losses in mid-market trading on Tuesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,900 level, with weakness in mining and energy stocks partially offset by gains in financial stocks.
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1小时10分钟前
Asian Markets Trade Mostly Higher
Asian stock markets are trading mostly higher on Tuesday, following the mixed cues from Wall Street overnight, amid optimism of a truce in the conflict between Russia and Ukraine with US President Donald Trump planning a summit meeting between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy very soon. Asian markets closed mostly higher on Monday.
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1小时20分钟前
Sensex, Nifty Likely To Open On Muted Note
Indian shares look set to open on a flat note on Tuesday, tracking muted cues from global markets.
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2小时7分钟前
Japanese Market Modestly Lower
The Japanese stock market is trading modestly lower on Tuesday after opening in the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight, with the Nikkei 225 falling below the 43,500 level, with weakness in index heavyweights and financial stocks partially offset by gains in automakers and exporters.
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2小时16分钟前
Thai Shares May Take Further Damage On Tuesday
The Thai stock market has finished lower in three straight sessions, slipping more than 35 points or 3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,240-point plateau and it may extend its losses on Tuesday.
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2小时36分钟前
Little Movement Seen For Indonesia Stock Market
Ahead of Monday's holiday for Independence Day, the Indonesia stock market had snapped the five-day winning streak in which it had surged more than 440 points or 5.8 percent. The Jakarta Composite Index now sits just beneath the 7,900-point plateau and it's likely to remain stuck in neutral again on Tuesday.
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3小时6分钟前
Soft Start Expected For Hong Kong Stock Market
The Hong Kong stock market has moved lower in three straight sessions, slumping more than 430 points or 1.5 percent along the way. The Hang Seng Index now rests just above the 25,175-point plateau and it may continue to sputter on Tuesday.
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3小时21分钟前
