A Sneak Peek At BorgWarner ($BWA) Q3 2024 Earnings

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Get ready to discover the eagerly anticipated third quarter financial results of BorgWarner (NYSE: BWA) on Thursday 31st October 2024. This significant announcement is scheduled to take place before market open, giving investors and analysts a chance to gain valuable insights into the company's financial performance.

In accordance with the predictions of financial analysts on Wall Street, the firm is on track to report an expected per share of $0.92 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $3.51 billion for this quarter.

The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $14.26 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $4.1 over the course of the fiscal year.

During the same quarter of the previous year, the company made public its income of $0.98 per share, which were derived from a quarterly revenue of $3.62 billion.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $1.19 -11.9% 3.60 B -20.3%
Q1 2024 $1.03 -5.5% 3.60 B -14.0%
Q4 2023 $0.90 -28.6% 3.52 B -14.3%
Q3 2023 $0.98 -21.0% 3.62 B -10.8%
Q2 2023 $1.35 +28.6% 4.52 B +20.2%
*Growth on year-over-year basis

 

BWA has scheduled a conference call on 31st October 2024 at 09:30 AM eastern time to discuss the third quarter financial results and other related information.

The previous trading day saw BorgWarner (BWA) shares trading between $33.70 and $34.51, besides a volume of 1.96 million shares. The stock closed Tuesday's regular trading session at $34.22, demonstrating 0.55 percent drop.