PHINIA (PHIN) ZACKS·2025-02-13 14:46Group 1: Earnings Performance - Phinia reported quarterly earnings of 0.80 per share, representing an earnings surprise of -11.25% [1] - The company posted revenues of 882 million year-over-year [2] - Over the last four quarters, Phinia has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Group 2: Stock Performance and Outlook - Phinia shares have increased by approximately 1.8% since the beginning of the year, compared to the S&P 500's gain of 2.9% [3] - The company's earnings outlook is crucial for investors, with current consensus EPS estimate at 850.1 million in revenues for the coming quarter and 3.4 billion in revenues for the current fiscal year [7] - The estimate revisions trend for Phinia is currently favorable, resulting in a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Group 3: Industry Context - The Automotive - Original Equipment industry, to which Phinia belongs, is currently in the bottom 45% of over 250 Zacks industries, which may impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry outlook can materially affect stock performance [5][8]