Earnings Preview : Q3 2024 Is Gearing Up To Be A Decisive Quarter For Dana Incorporated ($DAN)

Dana Incorporated (NYSE: DAN) has set the date for the release of its third quarter financial results on Wednesday 30th October 2024, before market open. Investors and analysts will have a chance to analyze the company's performance during the quarter.

The financial experts on Wall Street are predicting that the organization will likely report an estimated $0.23 profit per share for the third quarter. Additionally, it is anticipated that the company will reveal a $2.59 billion revenue during the quarter.

The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.3. This considerable sum was attributed to the company's total revenue, which reached an impressive $2.67 billion during that specific quarter.

Wall street analysts expect the company to generate a total revenue of $10.57 billion for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $0.92 per share for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.31 -16.2% 2.74 B -0.4%
Q1 2024 $0.27 +8.0% 2.74 B +3.4%
Q4 2023 $-0.08 +20.0% 2.49 B -2.4%
Q3 2023 $0.30 +25.0% 2.67 B +5.3%
Q2 2023 $0.37 +362.5% 2.75 B +6.3%
*Growth on year-over-year basis

 

In addition, The firm will review the third quarter financial results on 30th October 2024 at 09:00 AM eastern time, in a conference call with public.

The previous trading day saw Dana Incorporated (DAN) shares trading between $10.22 and $10.52, besides a volume of 1.41 million shares. The stock closed Monday's regular trading session at $10.51, indicating 3.65 percent upturn.

error: Content is protected !!
Exit mobile version