Multiple Acquisitions Benefit Aptiv Despite Escalating Costs

Aptiv PLC (APTV) finds a competitive edge in the market, driven by its smart architecture. It is well-positioned to benefit from the lucrative connected cars market. Frequent acquisitions enable the company to improve its organic and inorganic growth. However, rapid investments increase costs.APTV reported mixed second-quarter 2024 results. Adjusted earnings of $1.58 per share beat the Zacks Consensus Estimate by 15.3% and increased 26.4% year over year. Revenues of$ 5.1 billion missed the Zacks Consensus E ...