Lear Shares Shrink 4% Since Q3 Earnings Beat Expectations

Shares of Lear Corp. (LEA) fell 4% since it reported its third-quarter 2024 results. The company reported adjusted earnings per share of $2.89, which increased from$2.87 recorded in the year-ago quarter and beat the Zacks Consensus Estimate of $2.57. In the reported quarter, revenues decreased 3$5.58 billion but surpassed the Zacks Consensus Estimate of $5.52 billion.Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar.Segment PerformanceSales of the Seating segment ...