Garrett Motion (GTX) Lags Q3 Earnings and Revenue Estimates

Garrett Motion (GTX) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of$ 0.30 per share. This compares to earnings of $0.23 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this maker of vehicle turbocharging and electric-boosting gear would post earnings of$ 0.24 per share when it actually produced earnings of $0.28, delivering a surprise of 16 ...