BORGWARNER Q3 2024 Earnings Call Presentation October 31, 2024 This presentation may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current outlook, expectations, estimates and projections. Words such as "anticipates," "believes," "continues," "could," "designed," "effect," "estimates," "evaluates," "expects," "forecasts," "goal," "guidance," "initiative," "intends," "may," "outlook," "plans," "potential," "predicts," "p ...

BorgWarner Inc. (BWA) reported adjusted earnings of $1.09 per share for third-quarter 2024, up from 98 cents recorded in the prior-year quarter. The bottom line also surpassed the Zacks Consensus Estimate of 92 cents. The automotive equipment supplier reported net sales of $3.45 billion, which missed the Zacks Consensus Estimate of $3.53 billion. The top line also declined 5% year over year.Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar.Segmental PerformanceEffective July 1, 2024, ...

BorgWarner (BWA) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 18.48%. A quarter ago, it was expected that this auto parts supplier would post earnings of $0.98 per share when it actually produced earnings of $1.19, delivering a surprise of 21.43%.Over the last four quarters, the co ...

Exhibit 99.1 Immediate Release Contact: Patrick Nolan 248.754.0884 BorgWarner Reports Third Quarter 2024 Results Increases Full-Year Adjusted Operating Margin and EPS Guidance Completes $400 Million Share Repurchase Plan Auburn Hills, Michigan, October 31, 2024 – BorgWarner Inc. (NYSE: BWA) today reported third quarter results. Third Quarter and 2024 Guidance Update • BorgWarner achieved an adjusted operating margin of 10.1% during the third quarter, which equated to a U.S. GAAP operating margin of 7.8%. Th ...

BorgWarner's HVCH selected by a Chinese OEM for a battery electric SUV, start of production set for Q2 2025 Korean electric vehicle manufacturer chose BorgWarner's heater for their new electric pick-up model, with production starting in Q1 2025 BorgWarner wins its first HVCH business award with a Japanese OEM, marking a key milestone in the company's expansion into Japan's growing electric vehicle market AUBURN HILLS, Mich., Oct. 31, 2024 /PRNewswire/ -- BorgWarner has secured three significant business wi ...

Core Insights - BorgWarner has secured extensions on two transfer case contracts with a major North American OEM for upcoming vehicle launches, focusing on new platform requirements [1][2] - The company will supply two types of transfer cases: the Electro-Mechanical On-Demand (EMOD) and Electric Shift-on-the-Fly (ESOF), for various combustion and hybrid passenger truck platforms [2][3] - Production for two of the platforms is expected to start in 2027, with a third platform anticipated to begin in 2028 [1] Product Details - The EMOD transfer case is designed for high performance, offering faster response, improved torque accuracy, and pre-emptive torque management, enhancing vehicle safety and stability [3] - The ESOF transfer case is specifically designed for heavy-duty trucks, providing a two-wheel drive mode and the ability to lock into four-wheel drive while in motion, with superior noise, vibration, and harshness engineering [4] - Both transfer cases will utilize BorgWarner's HY-VO® driveline chain, optimized for high efficiency and durability, and will be manufactured at the Seneca, South Carolina production facility [5] Company Background - BorgWarner has over 40 years of experience supplying transfer cases to this OEM, reinforcing its reputation for quality and reliability in drivetrain solutions [3] - The company has been a leader in mobility innovation for more than 130 years, focusing on sustainability and transformative solutions in the automotive industry [6]

AUBURN HILLS, Mich., Oct. 31, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported third quarter results. Third Quarter and 2024 Guidance Update BorgWarner achieved an adjusted operating margin of 10.1% during the third quarter, which equated to a U.S. GAAP operating margin of 7.8%. The Company also generated net cash provided by operating activities of $356 million or $201 million in free cash flow, despite a 5.6% decline in the Company's weighted light and commercial vehicle markets. The Compan ...

AUBURN HILLS, Mich., Oct. 29, 2024 /PRNewswire/ -- BorgWarner has been awarded on the Forbes list of the World's Top Companies for Women 2024. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The awards list was announced on October 29th, 2024, and can currently be viewed on the Forbes' website."BorgWarner is extremely proud to receive this recognition from Forbes and hold such high rank among top women-inclusive companies ...

Wall Street expects a year-over-year decline in earnings on lower revenues when BorgWarner (BWA) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 31. O ...

AUBURN HILLS, Mich., Oct. 17, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("BorgWarner" or the "Company") announced today that it will redeem in full the entire outstanding $343,443,000 aggregate principal amount of its 5.000% Senior Notes due 2025 (the "2025 Notes") on November 1, 2024 (the "Redemption Date"). The redemption is in accordance with the terms of the Indenture, dated as of September 23, 1999, between the Company and The Bank of New York Mellon Trust Company, N.A. (successor in interest to ...