The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Let's take a look at what these Wall Street heavyweights have to say about BorgWarner (BWA) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.BorgWarner currently has an aver ...

AUBURN HILLS, Mich., March 1, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("the Company") today announced that Amy Kulikowski has been appointed Vice President and Chief Accounting Officer. Ms. Kulikowski reports directly to Craig Aaron, whose appointment as Chief Financial Officer is effective today. Ms. Kulikowski comes to BorgWarner with more than 25 years of experience in finance and accounting, most recently with Cooper-Standard Holdings Inc. as its Chief Accounting Officer. Ms. Kulikowski is a CP ...

In a volatile market, many investors follow the strategy of chasing their winners higher. Money has flooded stocks such as Nvidia (NASDAQ:NVDA). However, many of these stocks are objectively overvalued. While they may still be good investments, they’re hardly good deal stocks.  On the other hand, many investors understand the value of buying stocks when they’re on sale. But not every stock that is on sale is a real deal. That’s where the axiom “some stocks are cheap for a reason” applies.  To find real deal ...

BorgWarner Inc. (NYSE:BWA) Q4 2023 Results Conference Call February 8, 2024 9:30 AM ET Company Participants Patrick Nolan - VP, IR Fred Lissalde - President, CEO & Director Kevin Nowlan - EVP & CFO Conference Call Participants John Murphy - Bank of America Joe Spak - UBS Rod Lache - Wolfe Research Dan Levy - Barclays Adam Jonas - Morgan Stanley James Picariello - BNP Paribas Emmanuel Rosner - Deutsche Bank Noah Kaye - Oppenheimer Operator Good morning. My name is Savannah, and I will be your conference faci ...

BorgWarner Inc. (BWA) reported adjusted earnings of 90 cents per share for fourth-quarter 2023, down from $1.26 recorded in the prior-year quarter. The bottom line also missed the Zacks Consensus Estimate of 93 cents.The automotive equipment supplier reported net sales of $3.52 billion, missing the Zacks Consensus Estimate of $3.61 billion. The top line declined 14.4% year over year.Segmental PerformanceAir Management: Net sales totaled $1.88 billion in the reported quarter compared with $1.81 billion in th ...

For the quarter ended December 2023, BorgWarner (BWA) reported revenue of $3.52 billion, down 14.3% over the same period last year. EPS came in at $0.90, compared to $1.26 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $3.61 billion, representing a surprise of -2.43%. The company delivered an EPS surprise of -3.23%, with the consensus EPS estimate being $0.93.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

BorgWarner (BWA) came out with quarterly earnings of $0.90 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.23%. A quarter ago, it was expected that this auto parts supplier would post earnings of $0.91 per share when it actually produced earnings of $0.98, delivering a surprise of 7.69%.Over the last four quarters, the com ...

AUBURN HILLS, Mich., Feb. 8, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported fourth quarter and full-year results. Charging Forward Update: BorgWarner has announced a strategic relationship agreement with FinDreams Battery, a subsidiary of BYD Company Limited. Under this agreement, BorgWarner will be the only non-OEM localized manufacturer, unaffiliated with FinDreams Battery, with rights to localize LFP battery packs for commercial vehicles utilizing FinDreams Battery blade cells in Europe ...

Work stoppages, production shutdowns and similar events could significantly disrupt our business. We also sponsor post-employment medical benefit plans in the U.S. that are unfunded. If medical costs continue to increase or actuarial assumptions are modified, this could have an adverse effect on our business. Our operations are subject to laws governing, among other things, emissions to air, discharges to waters, and the generation, management, transportation and disposal of waste and other materials. The o ...

BorgWarner (BWA) is slated to release fourth-quarter 2023 results on Feb 8, before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings per share and revenues is pegged at 93 cents and $3.61 billion, respectively.For the fourth quarter, the consensus estimate for BWA’s earnings per share has moved up 5 cents in the past 30 days. Its bottom-line estimates imply a decline of 26.2% from the year-ago reported number.The Zacks Consensus Estimate for its quarterly revenues suggests ...