We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Aptiv PLC (APTV - Free Report) reported impressive fourth-quarter 2021 results, with both earnings and revenues beating the Zacks Consensus Estimate.
Adjusted earnings of 56 cents per share surpassed the Zacks Consensus Estimate by 1.8% but declined 50.4% on a year-over-year basis. Revenues of $4.1 billion surpassed the consensus mark by 7.3% but declined 1.9% year over year.
Aptiv’s shares have surged 69.9% in the past year against 14% loss of the industry it belongs to.
Other Quarterly Numbers
Signal and Power Solutions revenues of $3 billion were down 2% year over year. Advanced Safety and User Experience revenues declined slightly year over year to $1.1 billion.
Adjusted operating income came in at $273 million, down 42.6% from the figure reported in the year-ago quarter. Adjusted operating income margin came in at 6.6%, down 470 basis points year over year.
Aptiv exited the quarter with cash and cash equivalents balance of $3.1 billion compared with the prior quarter’s level of $2.7 billion. Long-term debt was $4.1 billion, compared with $4 billion at the end of the previous quarter.
Total available liquidity at the end of the quarter was $5.6 billion compared with $5.3 billion recorded at the end of the prior quarter. During the quarter, net cash generated from operating activities was $669 million.
The company expects revenues in the range of $17.75-$18.15 billion, the midpoint ($17.95) of which is slightly above the current Zacks Consensus Estimate of $17.92 billion.
Adjusted EPS is expected between $3.9 and $4.8, the midpoint ($4.35) of which is below the current Zacks Consensus Estimate of $4.64.
Adjusted operating income margin is anticipated to be between $9.9% and $11.2%. Capital expenditures are expected to be at $850 million.
Adjusted EBITDA margin is expected to be between 13.6% to 14.8%. Adjusted effective tax rate is expected to be 13%.
Performance of Some Other Business Services Companies
Robert Half International (RHI - Free Report) delivered fourth-quarter 2021 earnings of $1.51 per share that beat the consensus mark by 5.6% and rose 79.8% year over year.
Revenues of $1.77 billion surpassed the consensus mark by 4.3% and increased 36.2% year over year on a reported basis and 36% on an as-adjusted basis. RHI currently carries a Zacks Rank #1.
Automatic Data Processing (ADP - Free Report) reported better-than-expected second-quarter fiscal 2022 results. Adjusted EPS of $1.65 beat the Zacks Consensus Estimate by 1.2% and rose 9% year over year.
Total revenues of $4.03 billion beat the consensus mark by 1.1% and increased 9% year over year. ADP currently carries a Zacks Rank #2 (Buy).
Rollins (ROL - Free Report) reported mixed fourth-quarter 2021 results, with earnings meeting the Zacks Consensus Estimate and revenues beating the same. Adjusted earnings of 14 cents per share meet the Zacks Consensus Estimate and increased 7.7% year over year.
Revenues of $600.3 million beat the consensus mark by 3.3% and rose 11.9% year over year. ROL currently carries a Zacks Rank #2.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Shutterstock
Aptiv's (APTV) Q4 Earnings Surpass Estimates, Decline Y/Y
Aptiv PLC (APTV - Free Report) reported impressive fourth-quarter 2021 results, with both earnings and revenues beating the Zacks Consensus Estimate.
Adjusted earnings of 56 cents per share surpassed the Zacks Consensus Estimate by 1.8% but declined 50.4% on a year-over-year basis. Revenues of $4.1 billion surpassed the consensus mark by 7.3% but declined 1.9% year over year.
Aptiv’s shares have surged 69.9% in the past year against 14% loss of the industry it belongs to.
Other Quarterly Numbers
Signal and Power Solutions revenues of $3 billion were down 2% year over year. Advanced Safety and User Experience revenues declined slightly year over year to $1.1 billion.
Adjusted operating income came in at $273 million, down 42.6% from the figure reported in the year-ago quarter. Adjusted operating income margin came in at 6.6%, down 470 basis points year over year.
Aptiv exited the quarter with cash and cash equivalents balance of $3.1 billion compared with the prior quarter’s level of $2.7 billion. Long-term debt was $4.1 billion, compared with $4 billion at the end of the previous quarter.
Total available liquidity at the end of the quarter was $5.6 billion compared with $5.3 billion recorded at the end of the prior quarter. During the quarter, net cash generated from operating activities was $669 million.
Aptiv PLC Price, Consensus and EPS Surprise
Aptiv PLC price-consensus-eps-surprise-chart | Aptiv PLC Quote
2022 Outlook
The company expects revenues in the range of $17.75-$18.15 billion, the midpoint ($17.95) of which is slightly above the current Zacks Consensus Estimate of $17.92 billion.
Adjusted EPS is expected between $3.9 and $4.8, the midpoint ($4.35) of which is below the current Zacks Consensus Estimate of $4.64.
Adjusted operating income margin is anticipated to be between $9.9% and $11.2%. Capital expenditures are expected to be at $850 million.
Adjusted EBITDA margin is expected to be between 13.6% to 14.8%. Adjusted effective tax rate is expected to be 13%.
Currently, Aptiv carries a Zacks Rank 3 (Hold).
You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of Some Other Business Services Companies
Robert Half International (RHI - Free Report) delivered fourth-quarter 2021 earnings of $1.51 per share that beat the consensus mark by 5.6% and rose 79.8% year over year.
Revenues of $1.77 billion surpassed the consensus mark by 4.3% and increased 36.2% year over year on a reported basis and 36% on an as-adjusted basis. RHI currently carries a Zacks Rank #1.
Automatic Data Processing (ADP - Free Report) reported better-than-expected second-quarter fiscal 2022 results. Adjusted EPS of $1.65 beat the Zacks Consensus Estimate by 1.2% and rose 9% year over year.
Total revenues of $4.03 billion beat the consensus mark by 1.1% and increased 9% year over year. ADP currently carries a Zacks Rank #2 (Buy).
Rollins (ROL - Free Report) reported mixed fourth-quarter 2021 results, with earnings meeting the Zacks Consensus Estimate and revenues beating the same. Adjusted earnings of 14 cents per share meet the Zacks Consensus Estimate and increased 7.7% year over year.
Revenues of $600.3 million beat the consensus mark by 3.3% and rose 11.9% year over year. ROL currently carries a Zacks Rank #2.