Phinia (PHIN) Q4 Earnings Miss Estimates

Group 1: Earnings Performance - Phinia reported quarterly earnings of $0.71 per share, missing the Zacks Consensus Estimate of $0.80 per share, representing an earnings surprise of -11.25% [1] - The company posted revenues of $833 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.59%, but down from $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 $1.26 on $850.1 million in revenues for the coming quarter and $4.45 on $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]