Lear Corp Q2 Earnings: Non-GAAP EPS Beats Estimates While Revenue Misses Targets
Lear Corporation (NYSE: LEA) reported second-quarter financial results characterized by a significant beat in profitability alongside a slight revenue miss. The company's non-GAAP earnings per share reached $3.71, exceeding analyst expectations by $0.39. However, quarterly revenue totaled $5.8 billion, falling $10 million short of consensus estimates and representing a 3.3% decline year-over-year. Looking ahead, Lear provided its full-year 2026 financial outlook, projecting net sales between $23.35 billion and $23.75 billion. This guidance sits slightly below the market consensus of $23.79 billion. The company also projected core operating earnings of approximately $1.08 billion for the period.
Tickers: $LEA
Topics: earnings beat financial guidance revenue miss
Read the full article at Seeking Alpha
Part of the story PG&E Corp - 8-K Filing (47 articles)