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Dana (DAN) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-04-30 14:35
Dana (DAN) reported $2.74 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 3.4%. EPS of $0.02 for the same period compares to $0.25 a year ago.The reported revenue represents a surprise of +2.93% over the Zacks Consensus Estimate of $2.66 billion. With the consensus EPS estimate being $0.10, the EPS surprise was -80.00%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their nex ...
Dana (DAN) Misses Q1 Earnings Estimates
Zacks Investment Research· 2024-04-30 13:30
Dana (DAN) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.25 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -80%. A quarter ago, it was expected that this automotive equipment supplier would post a loss of $0.02 per share when it actually produced a loss of $0.08, delivering a surprise of -300%.Over the last four quarters, the compa ...
Dana Earns an Automotive News PACE Award for Multi-mode, Power-split Transmission System
Prnewswire· 2024-04-30 12:00
MAUMEE, Ohio, April 30, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) earned a 2024 Automotive News PACE Award for its electro-mechanical, infinitely variable transmission (EMIVT) system at the annual awards ceremony held on April 29, 2024. With this win, Dana has earned nine PACE Awards throughout the program's history, including two PACE Innovation Partnership Awards, and has been named a finalist 25 times. Dana's electro-mechanical, infinitely variable transmission is a multi-mode driveline system t ...
Dana(DAN) - 2024 Q1 - Quarterly Results
2024-04-30 11:00
Exhibit 99.1 IMMEDIATE Dana Incorporated Reports 2024 First-Quarter Financial Results With Increased Sales, Adjusted EBITDA, and Free Cash Flow Raises Full-Year Free Cash Flow Guidance MAUMEE, Ohio, April 30, 2024 – Dana Incorporated (NYSE: DAN) today announced financial results for the first quarter of 2024. "Dana delivered strong performance in the first quarter with improved sales, profit margins, and free cash flow over the previous year. Consistent with the past several quarters, stable demand in key m ...
Dana Incorporated to Announce 2024 First-quarter Financial Results, Host Conference Call and Webcast on April 30
Prnewswire· 2024-04-12 16:41
MAUMEE, Ohio, April 12, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) will release its 2024 first-quarter financial results on Tuesday, April 30, 2024. A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 10 a.m. EDT. Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The conference call can be accessed by telephone from both domestic and international locations using the ...
Dana Recognized as One of World's Most Ethical Companies for Second Consecutive Year
Prnewswire· 2024-03-04 16:43
MAUMEE, Ohio, March 4, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has been recognized as one of the 2024 World's Most Ethical Companies® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. In 2024, a total of 136 companies spanning 20 countries and 44 industries were recognized. Dana is one of only eight honorees across the mobility industry. "It is an honor to have Dana named as one of the World's Most Ethical Companies for t ...
Dana Announces Sale of European Hydraulics Business
Prnewswire· 2024-02-21 08:00
MAUMEE, Ohio, Feb. 21, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that, as part of an ongoing evaluation of its operations and product portfolio, the company has entered into a definitive agreement to sell its European hydraulics business to HPI Group, a hydraulics business jointly held by Apogee Group and EiM Capital. The transaction is expected to be completed in the first half of 2024, subject to regulatory approvals and customary closing conditions. The transaction includes opera ...
Dana(DAN) - 2023 Q4 - Earnings Call Transcript
2024-02-20 16:38
Dana Incorporated (NYSE:DAN) Q4 2023 Earnings Conference Call February 20, 2024 10:00 AM ET Company Participants Craig Barber - Senior Director, Investor Relations, Strategic Planning, & Corporate Communications Jim Kamsickas - Chairman & Chief Executive Officer Timothy Kraus - Senior Vice President & Chief Financial Officer Colin Langan - Wells Fargo Joseph Spack - UBS Please be advised that our meeting today, both the speakersâ remarks and the Q&A session will be recorded for replay purposes. For those pa ...
Dana (DAN) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-02-20 15:36
Dana (DAN) reported $2.49 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 2.4%. EPS of -$0.08 for the same period compares to -$0.10 a year ago.The reported revenue represents a surprise of -3.78% over the Zacks Consensus Estimate of $2.59 billion. With the consensus EPS estimate being -$0.02, the EPS surprise was -300.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ex ...
Dana(DAN) - 2023 Q4 - Earnings Call Presentation
2024-02-20 14:54
DANA INCORPORATED | --- | --- | --- | --- | --- | |-------------------------------------------------------------------|-------|---------|--------------|---------| | | | | | | | | | | Year Ended | | | (In millions) | | | December 31, | | | | | 2023 | | 2022 | | Segment EBITDA | | $ 853 | | $ 699 | | Corporate expense and other items, net (8) 1 | | | | | | Adjusted EBITDA | | 845 700 | | | | Depreciation (393) (365) | | | | | | Amortization (23) (23) | | | | | | Non-service cost components of pension and OPEB ...