Although the company's second quarter was mixed, investors were cheered by a convincing earnings beat.The stop lights were green for automotive technology company Garrett Motion (GTX 3.31%) on Thursday at least as far as its stock was concerned. Investors bid Garrett up by more than 3% that day, due mainly to its encouraging set of quarterly earnings figures. That rise was notably higher than that of the S&P 500 index, which crawled less than 0.1% higher.An accelerating bottom lineGarrett's second-quarter r ...

Garrett Motion (GTX) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.37 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +13.51%. A quarter ago, it was expected that this maker of vehicle turbocharging and electric-boosting gear would post earnings of $0.29 per share when it actually produced earnings of $0.3, delivering a surprise of ...

Second Quarter 2025 Financial Highlights Second Quarter 2025 Business Highlights PLYMOUTH, Mich. and ROLLE, Switzerland, July 24, 2025 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) ("Garrett" or the "Company"), a leading differentiated automotive technology provider, today announced its financial results for the three months ended June 30, 2025. Additionally, the Company's Board of Directors has declared a cash dividend of $0.06 per share of common stock, payable on September 16, 2025, to shareholde ...

Group 1 - The rise in electric vehicles (EVs) has led to concerns among investors regarding auto part manufacturers that primarily serve internal combustion engine (ICE) vehicles [1] - Garrett Motion, a Switzerland-based company, specializes in manufacturing turbocharging systems for ICE vehicles [1] Group 2 - The article highlights the shift in the automotive industry towards electric vehicles, which may impact the demand for products from companies like Garrett Motion [1]

The market expects Garrett Motion (GTX) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...

Core Viewpoint - Garrett Motion Inc. is set to release its second quarter financial results on July 24, 2025, before the U.S. market opens [1] Group 1: Financial Results Announcement - The financial results will be announced prior to market opening on July 24, 2025 [1] - A conference call will be held on the same day at 8:30 am EDT / 2:30 pm CET to discuss the results [2] - The conference call will be accessible via a dial-in number and will also be webcasted with a slide presentation [3] Group 2: Company Overview - Garrett Motion Inc. has a 70-year history of innovation in the automotive sector and beyond, including off-highway equipment and marine applications [4] - The company specializes in turbocharging technology, contributing to reduced engine size, fuel consumption, and CO2 emissions [4] - Garrett is focusing on developing technology solutions for Zero Emission Vehicles, including fuel cell compressors and electric propulsion systems [4] - The company operates five R&D centers and 13 manufacturing facilities, employing over 9,000 people across more than 20 countries [4]

Company Overview - Garrett Motion Inc. is a leading differentiated automotive technology provider with a 70-year history of innovation in the automotive sector and beyond, including off-highway equipment, marine, and power generators [8] - The company specializes in turbocharging technology, which has led to significant reductions in engine size, fuel consumption, and CO2 emissions [8] - Garrett is actively developing technology solutions for Zero Emission Vehicles, including fuel cell compressors for hydrogen fuel cell vehicles and electric propulsion systems for battery electric vehicles [8] - The company operates five R&D centers and 13 manufacturing facilities, employing over 9,000 people in more than 20 countries [8] Recent Developments - Garrett announced a proposed secondary public offering of 17,000,000 shares of common stock held by certain entities managed by affiliates of Oaktree Capital Management, Centerbridge Partners, and Cyrus Capital Partners [1] - The underwriters have a 30-day option to purchase an additional 2,550,000 shares from the Selling Stockholders [1] - The company has authorized the repurchase of approximately 2 million shares of common stock as part of the secondary public offering, with a maximum aggregate repurchase amount of $25 million [2] - This repurchase is part of Garrett's existing $250 million share repurchase program [2] Underwriters and Regulatory Filings - Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are acting as lead bookrunners for the proposed offering, with several other firms serving as joint bookrunning managers [3] - A shelf registration statement and a preliminary prospectus supplement relating to the offering have been filed with the Securities and Exchange Commission [4]

Company Performance - Garrett Motion reported quarterly earnings of $0.30 per share, exceeding the Zacks Consensus Estimate of $0.29 per share, and up from $0.28 per share a year ago [1] - The company achieved revenues of $878 million for the quarter, surpassing the Zacks Consensus Estimate by 4.15%, although this represents a decline from year-ago revenues of $915 million [3] - The earnings surprise for the quarter was 3.45%, and over the last four quarters, Garrett Motion has surpassed consensus EPS estimates three times [2] Market Position - Garrett Motion shares have increased approximately 2.1% since the beginning of the year, contrasting with a decline of 5.3% in the S&P 500 [4] - The current Zacks Rank for Garrett Motion is 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [7] Future Outlook - The consensus EPS estimate for the upcoming quarter is $0.31 on revenues of $865 million, and for the current fiscal year, it is $1.25 on revenues of $3.43 billion [8] - The estimate revisions trend for Garrett Motion is currently mixed, which may change following the recent earnings report [7] Industry Context - The Automotive - Original Equipment industry, to which Garrett Motion belongs, is currently ranked in the bottom 31% of over 250 Zacks industries, suggesting potential challenges ahead [9] - Adient, another company in the same industry, is expected to report a year-over-year earnings decline of 33.3% in its upcoming results [10]

Core Viewpoint - Garrett Motion Inc. is set to release its first quarter financial results on May 01, 2025, before the U.S. market opens [1] Financial Results Announcement - The financial results will be announced prior to market opening on May 01, 2025 [1] - A conference call will be held on the same day at 8:30 am EDT / 2:30 pm CET to discuss the results [2] Conference Call Details - Participants can join the conference call by dialing +1-877-883-0383 (U.S.) or +1-412-902-6506 (international) with passcode 2829687 [2] - The conference call will be webcast and include a slide presentation, accessible via the Investor Relations section of Garrett's website [3] - A replay of the conference call will be available through specific dialing options and access codes [3] Company Overview - Garrett Motion Inc. has a 70-year history in automotive technology, focusing on turbocharging and reducing engine size, fuel consumption, and CO2 emissions [4] - The company is developing technology solutions for Zero Emission Vehicles, including fuel cell compressors and electric propulsion systems [4] - Garrett operates five R&D centers, 13 manufacturing facilities, and employs over 9,000 people across more than 20 countries [4]