Advertisement
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.
read more
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.
RTTNews
|
507天前
Swiss Market Ends On Buoyant Note
The Switzerland market closed on a firm note on Friday, in line with markets across Europe, as trade tensions eased following the U.S. and China reaching an agreement.
RTTNews
|
1小时45分钟前
European Stocks Close Higher As Trade Tensions Ease
European stocks closed higher on Friday as trade tensions eased after United States struck a deal with China to expedite rate earth shipments.
The deal marks a significant step towards resolving the ongoing trade war between the world's two largest economies.
RTTNews
|
2小时9分钟前
U.S. Consumer Sentiment Improves Slightly More Than Previously Estimated In June
A report released by the University of Michigan on Friday showed consumer sentiment in the U.S. improved by slightly more than previously estimated in the month of June. The University of Michigan said its consumer sentiment index for June was upwardly revised to 60.7 from a preliminary reading of 60.5.
RTTNews
|
5小时29分钟前
U.S. Consumer Prices Inch Up In Line With Expectations But Core Price Growth Exceeds Estimates
While the Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. crept up in line with expectations in the month of May, the report also showed core consumer prices rose by slightly more than expected. The report said the personal consumption expenditures (PCE) price index inched up by 0.1 percent in May, matching the uptick seen in April.
RTTNews
|
5小时53分钟前
Eurozone Economic Sentiment Falls Unexpectedly
Eurozone economic sentiment weakened unexpectedly in June primarily driven by reduced confidence in industry and retail trade, a monthly survey data from the European Commission showed on Friday. The economic confidence index fell to 94.0 in June from 94.8 in May. The score was forecast to rise to 95.1. The industrial confidence index posted -12.0 in June, down from -10.4 a month ago.
RTTNews
|
6小时59分钟前
Bay Street May Open On Positive Note
Canadian shares look headed for a higher start Friday morning, thanks to positive global cues amid easing trade tensions after the U.S. struck a deal with China to expedite rate earth shipments.
RTTNews
|
7小时5分钟前
Coleman Co. Recalls 229K Converta Camping Cots, Stretchers
Atlanta, Georgia-based Coleman Co., Inc. is recalling about 228,760 units of Converta camping cots and Converta camping suspension stretchers citing laceration and amputation, according to the U.S. Consumer Product Safety Commission. The recall involves Coleman Converta camping cots with model numbers 2000003077 and 2000020282, and Coleman Converta camping suspension stretchers with model number
RTTNews
|
7小时16分钟前
