Tag: ALV

Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Services Sector

ALV Stronger Than Predicted

Autoliv reported stronger than expected second-quarter earnings per share of $1.48, besting the Street consensus by $0.10 and $0.09 higher than the year-ago $1.39 EPS. Owing to an anemic European new car market, analysts were also expecting Autoliv to report flattish earnings for the quarter. The company’s like-for-like European revenue increased by 4% compared with a 4% decline in new car registrations. Management also raised … Continue reading ALV Stronger Than Predicted

Jayne CrismanLeave a comment
Analysis, BioTech, Commodities, Diversified Tech, Finance, Mergers & Acquisitions, Semiconductors, Services Sector, Software, Tech IPO, Venture Capital

Autoliv Reports 1Q Results, Beats Street Consensus by $0.09; Maintaining our $80 FVE

No-moat, positive-moat-trend rated Autoliv ALV reported first-quarter earnings per share before special items of $1.32, $0.09 ahead of the Street consensus of $1.23. Even so, owing to lackluster European new-car demand and Autoliv’s European customers’ inventory corrections, the $1.32 first-quarter EPS were down $0.24 from $1.56 a year ago. However, management favorably tweaked its full-year 2013 guidance, slightly raising its expectations for revenue growth of … Continue reading Autoliv Reports 1Q Results, Beats Street Consensus by $0.09; Maintaining our $80 FVE

John MeadyLeave a comment