Autoliv (ALV) Q4 Earnings Surpass Estimates, Dividend Hiked
Autoliv(ALV) Zacks Investment Research·2024-01-29 20:05Autoliv Inc. (ALV) reported fourth-quarter 2023 adjusted earnings of $3.74 per share, surpassing the Zacks Consensus Estimate of $3.25 and rising 105% year over year. The company reported net sales of $2,751 million in the quarter, which topped the Zacks Consensus Estimate of $2,746 million and soared 18% year over year.Organic sales rose 16% year over year and breezed past our estimate of 10.6% due to product launches and higher prices. Autoliv reported an adjusted operating income of $334 million, increas ...