Brace yourselves for the unveiling of Garrett Motion's (NASDAQ: GTX) third quarter financial results on Thursday 24th October 2024. This eagerly awaited announcement will take place before market open.
As per the predictions of financial analysts on Wall Street, the establishment is set to report an estimated per share $0.29 profit for the third quarter. Additionally, the company is projected to unveil a revenue of $851 million for the period.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $3.56 billion. Additionally, they expect the company to reach profit of $1.16 per share for the fiscal year.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $0.23. Notably, the company's total revenue reached an impressive $960 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.28 | -3.4% | 890.00 M | -12.0% |
| Q1 2024 | $0.28 | +115.4% | 915.00 M | -5.7% |
| Q4 2023 | $0.22 | -4.3% | 945.00 M | +5.2% |
| Q3 2023 | $0.23 | +9.5% | 960.00 M | +1.6% |
| Q2 2023 | $0.29 | +93.3% | 1.01 B | +17.7% |
| *Growth on year-over-year basis | ||||
GTX has scheduled a conference call on 24th October 2024 at 08:30 AM eastern time to discuss the third quarter financial results and other related information.
Throughout Tuesday's trading, Garrett Motion (GTX) shares fluctuated between $7.92 and $8.04, with a trading volume of 476.30 thousand shares. The stock ended the regular trading session at $8.00, reflecting an increase of 0.13 percent.
