Core Viewpoint - Lear (LEA) is expected to report quarterly earnings of $3.23 per share, reflecting a decline of 10.3% year-over-year, with revenues forecasted at $5.89 billion, a decrease of 2% compared to the previous year [1] Earnings Projections - Changes in earnings projections are crucial for predicting investor reactions to the stock, with empirical studies showing a strong correlation between earnings estimate trends and short-term stock price movements [2] Analysts' Consensus on Key Metrics - Analysts forecast 'Net Sales- E-Systems' to be $1.52 billion, indicating a year-over-year decline of 2.9% [4] - 'Net Sales- Seating' is projected to reach $4.37 billion, reflecting a decrease of 1.7% from the same quarter last year [4] - 'Geographic Net Sales- South America' is expected to be $235.04 million, showing an increase of 9.9% year-over-year [4] - 'Geographic Net Sales- North America' is estimated at $2.44 billion, indicating a decline of 4.6% [5] - 'Geographic Net Sales- Europe and Africa' is projected to be $2.13 billion, reflecting a decrease of 1.8% [5] - 'Geographic Net Sales- Asia' is expected to reach $1.13 billion, indicating an increase of 5.4% from the prior year [5] Adjusted Segment Earnings - 'Adjusted Segment Earnings- E-Systems' is estimated at $66.73 million, down from $82.20 million in the same quarter last year [6] - 'Adjusted Segment Earnings- Seating' is projected to be $276.06 million, compared to $302.10 million in the previous year [6] Stock Performance - Shares of Lear have increased by 14.4% over the past month, outperforming the Zacks S&P 500 composite, which rose by 5.9% [6]
Exploring Analyst Estimates for Lear (LEA) Q2 Earnings, Beyond Revenue and EPS