BorgWarner Q3 Earnings Outpace Expectations and Increase Y/Y

BorgWarner Inc. (BWA) reported adjusted earnings of $1.09 per share for third-quarter 2024, up from 98 cents recorded in the prior-year quarter. The bottom line also surpassed the Zacks Consensus Estimate of 92 cents. The automotive equipment supplier reported net sales of$3.45 billion, which missed the Zacks Consensus Estimate of $3.53 billion. The top line also declined 5% year over year.Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar.Segmental PerformanceEffective July 1, 2024, ...