The exciting news about Lear Corporation (NYSE: LEA) will be shared on Thursday 24th October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen before market open.
According to the forecasts of financial experts on Wall Street, the firm is poised to announce an anticipated per share $2.57 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $5.54 billion for this specific period.
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 $23.33 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $12.47 over the course of the fiscal year.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $2.87. This numbers can be credited to the company's total revenue, which amounted to an impressive $5.78 billion during the same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $3.60 | +8.1% | 6.01 B | +0.2% |
| Q1 2024 | $3.18 | +14.4% | 6.00 B | +2.6% |
| Q4 2023 | $3.03 | +7.8% | 5.84 B | +8.8% |
| Q3 2023 | $2.87 | +23.2% | 5.78 B | +10.3% |
| Q2 2023 | $3.33 | +86.0% | 6.00 B | +18.3% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 24th October 2024 at 08:00 AM eastern time to review the Q3 2024 financial results.
Lear Corporation (LEA) closed Tuesday's regular trading session at $105.99, reflecting a 0.84 percent rise, with a volume of 872.20 thousand shares.
