Lear (LEA) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - Lear (LEA) reported a revenue of $5.56 billion for Q1 2025, reflecting a year-over-year decline of 7.2% and an EPS of $3.12, down from $3.18 a year ago, with a revenue surprise of +0.09% and an EPS surprise of +18.18% [1] Financial Performance - Revenue and EPS: Revenue of $5.56 billion with a year-over-year decline of 7.2% and EPS of $3.12 compared to $3.18 a year ago [1] - Revenue surprise: Reported revenue exceeded the Zacks Consensus Estimate by +0.09% [1] - EPS surprise: EPS surpassed the consensus estimate of $2.64 by +18.18% [1] Geographic Net Sales - North America: $2.25 billion, below the $2.30 billion estimate, a year-over-year decline of -9.2% [4] - South America: $177.80 million, below the $218.26 million estimate, a year-over-year decline of -13.4% [4] - Asia: $1.07 billion, slightly below the $1.08 billion estimate, with a year-over-year increase of +1.1% [4] - Europe and Africa: $2.06 billion, above the $1.92 billion estimate, a year-over-year decline of -8.5% [4] Segment Performance - E-Systems: Net sales of $1.41 billion, slightly below the $1.42 billion estimate, with a year-over-year decline of -7.1% [4] - Seating: Net sales of $4.15 billion, above the $4.11 billion estimate, with a year-over-year decline of -7.3% [4] - Adjusted Segment Earnings - E-Systems: $73.80 million, exceeding the $58.81 million estimate [4] - Adjusted Segment Earnings - Seating: $279.90 million, above the $240.82 million estimate [4] Stock Performance - Lear's shares have returned +12.7% over the past month, outperforming the Zacks S&P 500 composite's +11.5% change [3] - Current Zacks Rank for Lear is 4 (Sell), indicating potential underperformance in the near term [3]