Lear's Q1 Earnings & Revenues Surpass Estimates, Decline Y/Y

Lear Corp. (LEA) reported its first quarter 2025 adjusted earnings per share of $3.12, which beat the Zacks Consensus Estimate of $2.64, thanks to higher-than-expected revenues and profits from the Seating segment. The bottom line, however, decreased from $3.18 reported in the year-ago quarter. In the reported quarter, revenues decreased 7.24% year over year to $5.56 billion but surpassed the Zacks Consensus Estimate of $5.55 billion.Segmental PerformanceSales of the Seating segment totaled $4.15 billion in ...