Lear Corporation (NYSE:LEA) Q4 2024 Results Conference Call February 6, 2025 9:00 AM ET Company Participants Tim Brumbaugh - Vice President, Investor Relations Ray Scott - President and Chief Executive Officer Jason Cardew - Senior Vice President and Chief Financial Officer Conference Call Participants John Murphy - BOA Colin Langan - Wells Fargo Dan Levy - Barclays Joe Spak - UBS Mark Delaney - Goldman Sachs Operator Good morning, everyone, and welcome to the Lear Corporation Fourth Quarter and Full Year 2 ...

Lear (LEA) reported $5.71 billion in revenue for the quarter ended December 2024, representing a year-over-year decline of 2.2%. EPS of $2.94 for the same period compares to $3.03 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $5.51 billion, representing a surprise of +3.65%. The company delivered an EPS surprise of +13.51%, with the consensus EPS estimate being $2.59.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street exp ...

Lear (LEA) came out with quarterly earnings of $2.94 per share, beating the Zacks Consensus Estimate of $2.59 per share. This compares to earnings of $3.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 13.51%. A quarter ago, it was expected that this automotive seating and electrical distribution systems company would post earnings of $2.57 per share when it actually produced earnings of $2.89, delivering a surprise of 12.45 ...

FOR IMMEDIATE RELEASE Lear Contacts: Marianne Vidershain (248) 447-5541 Lear Reports Fourth Quarter and Full Year 2024 Results SOUTHFIELD, Mich., February 6, 2025 -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the fourth quarter and full year 2024 and provided its financial outlook for the full year 2025. Fourth Quarter 2024 Highlights Full Year 2024 Highlights (more) • Delivered revenue of $5.7 billion in the fourth quarter, compa ...

SOUTHFIELD, Mich., Feb. 6, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the fourth quarter and full year 2024 and provided its financial outlook for the full year 2025.Fourth Quarter 2024 Highlights Delivered revenue of $5.7 billion in the fourth quarter, compared to $5.8 billion in the fourth quarter of 2023 Net income of $88 million and adjusted net income of $161 million, compared to $127 million and $177 mil ...

SOUTHFIELD, Mich., Feb. 5, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, announced today a key engineering integration with General Motors, beginning in the second quarter of 2025. A first of its kind, the ComfortMax Seat integrates thermal comfort technologies into trim covers, providing occupant comfort and well-being, superior thermal management and improved manufacturing efficiency. "We are honored to partner with General Motors, a com ...

SOUTHFIELD, Mich., Feb. 4, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has purchased StoneShield Engineering, a privately held system integrator based in Castelo Branco, Portugal.Founded in 2017, StoneShield Engineering specializes in the design and development of automation technology for the wire harness industry. Key areas of expertise include robotics, automated taping applications and high voltage harness assembly ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Lear (LEA) . This company, which is in the Zacks Automotive - Original Equipment industry, shows potential for another earnings beat.This automotive seating and electrical distribution systems company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boast ...

Investors with an interest in Automotive - Original Equipment stocks have likely encountered both Lear (LEA) and Hesai Group Sponsored ADR (HSAI) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank puts an emphasis on earning ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of LEA either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advice ...