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Aptiv Analysts Boost Their Forecasts Following Upbeat Results

Aptiv Analysts Boost Their Forecasts Following Upbeat Results

Aptiv PLC (NYSE:APTV) reported better-than-expected financial results and issued strong guidance on Thursday.The company posted quarterly revenue of $4.91 billion, versus estimates of $4.89 billion. Adjusted earnings came in at $1.75 per share, versus estimates of $1.65 per share."Looking ahead, as we navigate a dynamic market environment, we will remain focused on enabling our customers as they transition to a more feature-rich, software-defined future," said Kevin Clark, chairman and CEO of Aptiv."This year also marks a major milestone in Aptiv's evolution, as we execute on the separation of our Electrical Distribution Systems business, which will create two independent companies better positioned to address the evolving needs of our customers and further capitalize on market opportunities."Aptiv said it ...Full story available on Benzinga.com

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For further details, visit: https://www.benzinga.com/25/02/43571443/aptiv-analysts-boost-their-forecasts-following-upbeat-results

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