A Wall Street adage warns, “Don't try to catch a falling knife.” I do it frequently. Buying good stocks on bad news is a sound methodology, I believe. You may not catch the exact bottom, but you're likely to find a good entry point. Each quarter, I compile a Casualty List of stocks that have been knocked down in the quarter just concluded, and that I think have excellent rebound potential. For the most part, they have lived up to my expectations. In the fourth quarter of 2023, energy stocks took it on the ...

BORGWARNER November 2, 2023 Forward-Looking Statements Non-GAAP Financial Measures Management believes that these non-GAAP financial measures are useful to management, investors, and banking institutions in their analysis of the Company's business and operating performance. Management also uses this information for operational planning and decision-making purposes. | --- | --- | --- | --- | --- | --- | --- | --- | --- | |--------|-------------------------|-------|-------|-------|-------|-------|-------|---- ...

Luke Junk And then for my follow-up question, just hoping you could speak to the flexibility in your manufacturing footprint protect margins given variable outcomes around eProduct. And I'm thinking specifically as you flex No. I mean as we look at it overall, we're pleased with the fact that our margin percentage on a full year basis we took the bottom end of the guide up and held the top end of the guide despite some of the eProduct revenue pressure. As you look at it, what it implies at the high end of t ...

The total final consideration was $192 million, including approximately ¥1.0 billion ($152 million) of base purchase price and ¥0.25 billion ($40 million) of originally estimated earn-out payments. The Company paid approximately ¥1.0 billion ($157 million) of base purchase price in the year ended December 31, 2022 and no longer expects to recapture a previously anticipated $5 million of post-closing adjustments, which has been recorded in Other operating expense, net. Pursuant to the ETA, the obligation of ...

BorgWarner Inc. (NYSE:BWA) Q2 2023 Earnings Conference Call August 2, 2023 9:30 AM ET Company Participants Patrick Nolan - VP, IR Frédéric Lissalde - President and CEO Kevin Nowlan - EVP and CFO Conference Call Participants Colin Langan - Wells Fargo John Murphy - Bank of America Noah Kaye - Oppenheimer Emmanuel Rosner - Deutsche Bank Luke Junk - Robert W. Baird Dan Levy - Barclays Rod Lache - Wolfe Research James Picariello - BNP Paribas Good morning. My name is Chelsea, and I will be your conference facil ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 FORM 10-Q The following tables summarize the activity within accumulated other comprehensive loss during the three and six months ended June 30, 2023 and 2022: 31 Environmental NOTE 21 EARNINGS PER SHARE Table of Contents NOTE 22 REPORTABLE SEGMENTS AND RELATED INFORMATION The reportable segment disclosures have been updated accordingly, including recasting prior period information for the new reporting structures. The Spin-Off has the p ...

Thatâs correct. Weâve effectively increased the expectation of the net inflation cost to $65 million. It was relatively small in our previous guidance, but the increase as weâve seen the continued escalation of supplier costs, predominantly non-commodity-related costs. But despite that, weâre continuing to expect to hold our margin guide, 10.0% to 10.4% for the full year. No, I would say that -- yes, itâs not demand related. Itâs -- if we get the chips, weâll be at 1.8. If we donât get enough chips, weâll b ...

The table below shows deferred gains (losses) reported in AOCI as well as the amount expected to be reclassified to income in one year or less for designated net investment hedges. The amount expected to be reclassified to income in one year or less assumes no change in the current relationship of the hedged item at March 31, 2023 market rates. | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------------------------------ ...

Company Participants Patrick Nolan BorgWarner Inc. (NYSE:BWA) Q4 2022 Earnings Conference Call February 9, 2023 9:30 AM ET Conference Call Participants This is Patrick Nolan. I apologize about the technical difficulties we've had this morning, but we're in a kickoff today's call. So we have issued our press release earlier this morning. It's posted on our website, borgwarner.com, on our homepage and on our Investor Relations home page. When you hear us say on a comparable basis, that is excluding the impact ...

________________ BorgWarner Inc. S&P 500 — Standard & Poor's 500 Total Return Index Standard Industrial Code ("SIC") 3714-Motor Vehicle Parts 1 2 3 The following table provides information about the Company's purchases of its equity securities that are registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") during the quarter ended December 31, 2022: Equity Compensation Plan Information Item 7. Management's Discussion and Analysis of Financial Condition and ...