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Lear (LEA) Q2 Earnings and Revenues Surpass Estimates
ZACKS· 2025-07-25 12:41
Core Viewpoint - Lear (LEA) reported quarterly earnings of $3.47 per share, exceeding the Zacks Consensus Estimate of $3.23 per share, although down from $3.6 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was +7.43%, following a previous quarter where earnings were $3.12 per share against an expectation of $2.64, resulting in a surprise of +18.18% [2] - Lear's revenues for the quarter reached $6.03 billion, surpassing the Zacks Consensus Estimate by 2.38%, and showing a slight increase from $6.01 billion year-over-year [3] - Over the last four quarters, Lear has consistently exceeded consensus EPS and revenue estimates [2][3] Stock Performance - Since the beginning of the year, Lear shares have increased by approximately 14.2%, outperforming the S&P 500's gain of 8.2% [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $3.06 on revenues of $5.57 billion, and for the current fiscal year, it is $12.17 on revenues of $22.51 billion [8] - The outlook for the automotive industry, where Lear operates, is favorable, with the Automotive - Original Equipment sector ranking in the top 35% of Zacks industries [9]
Lear (LEA) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2025-07-18 15:00
Company Overview - Lear (LEA) is expected to report quarterly earnings of $3.15 per share for the quarter ended June 2025, reflecting a year-over-year decline of 12.5% [3][18] - The anticipated revenue for this quarter is $5.74 billion, which represents a decrease of 4.5% compared to the same quarter last year [3][18] Earnings Estimates and Revisions - The consensus EPS estimate has been revised 3.09% higher over the last 30 days, indicating a positive reassessment by analysts [4][19] - Lear currently has an Earnings ESP (Expected Surprise Prediction) of +5.50%, suggesting that analysts are optimistic about the company's earnings prospects [12][19] Historical Performance - In the last reported quarter, Lear exceeded the expected earnings of $2.64 per share by delivering $3.12, resulting in a positive surprise of 18.18% [13] - The company has successfully beaten consensus EPS estimates in each of the last four quarters [14][19] Market Sentiment and Predictions - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) indicates a likelihood that Lear will beat the consensus EPS estimate [12][19] - Despite the potential for an earnings beat, other market factors may influence stock performance, making it essential to consider additional elements beyond earnings results [15][17]
Cummins (CMI) Surpasses Q1 Earnings and Revenue Estimates
ZACKS· 2025-05-05 13:40
Group 1 - Cummins reported quarterly earnings of $5.96 per share, exceeding the Zacks Consensus Estimate of $4.82 per share, and up from $5.10 per share a year ago, representing an earnings surprise of 23.65% [1][2] - The company achieved revenues of $8.17 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.33%, although this is a decrease from year-ago revenues of $8.4 billion [2] - Cummins has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance [2][6] Group 2 - The stock has underperformed the market, losing about 14% since the beginning of the year compared to the S&P 500's decline of 3.3% [3] - The current consensus EPS estimate for the upcoming quarter is $5.28 on revenues of $8.54 billion, and for the current fiscal year, it is $20.77 on revenues of $33.53 billion [7] - The Zacks Industry Rank for Automotive - Internal Combustion Engines is in the top 39% of over 250 Zacks industries, suggesting a favorable industry outlook [8]
Earnings Preview: Lear (LEA) Q1 Earnings Expected to Decline
ZACKS· 2025-04-29 15:07
Company Overview - Lear (LEA) is expected to report earnings for the quarter ended March 2025, with a consensus estimate of $2.61 per share, reflecting a year-over-year decline of 17.9% [3] - Revenues are anticipated to be $5.56 billion, down 7.3% from the same quarter last year [3] Earnings Expectations - The earnings report is scheduled for release on May 6, 2025, and could influence stock movement based on whether actual results exceed or fall short of expectations [2] - The consensus EPS estimate has been revised 5.6% lower in the last 30 days, indicating a reassessment by analysts [4] Earnings Surprise Prediction - The Zacks Earnings ESP for Lear is +0.75%, suggesting a potential positive deviation from the consensus estimate [10][11] - However, Lear currently holds a Zacks Rank of 4 (Sell), complicating the prediction of an earnings beat [11] Historical Performance - In the last reported quarter, Lear exceeded the expected EPS of $2.59 by delivering $2.94, resulting in a surprise of +13.51% [12] - Over the past four quarters, Lear has beaten consensus EPS estimates consistently [13] Industry Context - In the Zacks Automotive - Original Equipment industry, Magna (MGA) is also expected to report earnings of $0.90 per share, down 16.7% year-over-year, with revenues projected at $9.53 billion, a decrease of 13.2% [17] - Magna's consensus EPS estimate has been revised 3.9% lower, but it has a higher Most Accurate Estimate leading to an Earnings ESP of 6.70% [18]