Magna (MGA) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +21.01%. A quarter ago, it was expected that this automotive supply company would post earnings of $0.9 per share when it actually produced earnings of $0.78, delivering a surprise of -13.33%.Over the last four quarters, the ...

Core Viewpoint - Garrett Motion reported quarterly earnings of $0.42 per share, exceeding the Zacks Consensus Estimate of $0.37 per share, and showing an increase from $0.28 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was +13.51%, with the company previously expected to post earnings of $0.29 per share but actually reporting $0.30 per share, resulting in a surprise of +3.45% [2] - Revenues for the quarter were $913 million, slightly missing the Zacks Consensus Estimate by 0.55%, compared to $890 million in the same quarter last year [3] - Over the last four quarters, the company has surpassed consensus EPS estimates three times and topped revenue estimates two times [2][3] Stock Performance - Garrett Motion shares have increased approximately 30.6% since the beginning of the year, outperforming the S&P 500's gain of 8.1% [4] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations for it to outperform the market in the near future [7] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.35 on revenues of $870 million, and for the current fiscal year, it is $1.31 on revenues of $3.52 billion [8] - The outlook for the automotive industry, where Garrett Motion operates, is favorable, with the industry currently ranking in the top 39% of over 250 Zacks industries [9]

Core Insights - Strattec Security (STRT) reported quarterly earnings of $1.50 per share, exceeding the Zacks Consensus Estimate of $0.95 per share, and showing a significant increase from $0.37 per share a year ago, resulting in an earnings surprise of 57.89% [1] - The company achieved revenues of $144.08 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.30% and showing growth from $140.77 million year-over-year [2] - Strattec Security has consistently surpassed consensus EPS estimates over the last four quarters, achieving this four times [2] Earnings Outlook - The future performance of Strattec Security's stock will largely depend on management's commentary during the earnings call and the sustainability of the stock's immediate price movement based on the recently released numbers [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.91 on revenues of $142.01 million, and for the current fiscal year, it is $3.67 on revenues of $551.82 million [7] Industry Context - The Automotive - Original Equipment industry, to which Strattec Security belongs, is currently ranked in the bottom 28% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment and stock performance [5]

Core Viewpoint - Dana (DAN) reported quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.17 per share, representing an earnings surprise of -23.53% [1][2] Financial Performance - The company posted revenues of $2.35 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.65%, but down from $2.74 billion year-over-year [2] - Over the last four quarters, Dana has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - Dana shares have increased by approximately 12.4% since the beginning of the year, contrasting with the S&P 500's decline of -5.5% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.36 on revenues of $2.46 billion, and for the current fiscal year, it is $1.40 on revenues of $9.42 billion [7] - The estimate revisions trend for Dana is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Automotive - Original Equipment industry, to which Dana belongs, is currently in the bottom 36% of over 250 Zacks industries, suggesting potential challenges ahead [8]