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Here's What Key Metrics Tell Us About BorgWarner (BWA) Q4 Earnings
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For the quarter ended December 2022, BorgWarner (BWA - Free Report) reported revenue of $4.11 billion, up 12.4% over the same period last year. EPS came in at $1.26, compared to $1.06 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $3.89 billion, representing a surprise of +5.56%. The company delivered an EPS surprise of +21.15%, with the consensus EPS estimate being $1.04.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how BorgWarner performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales-Air Management: $1.80 billion versus $1.86 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +1.9% change.
Net Sales-e-Propulsion & Drivetrain: $1.53 billion compared to the $1.37 billion average estimate based on four analysts. The reported number represents a change of +13.2% year over year.
Net Sales - Aftermarket: $325 million versus $236.03 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +60.1% change.
Net Sales - Fuel Injection: $607 million compared to the $554.86 million average estimate based on four analysts. The reported number represents a change of +34.6% year over year.
Net Sales - Inter-segment Eliminations: -$151 million compared to the -$141.08 million average estimate based on four analysts. The reported number represents a change of +33.6% year over year.
Segment Adjusted Operating Income - Fuel Injection: $56 million versus $65.73 million estimated by three analysts on average.
Adjusted Operating Income- e-Propulsion & Drivetrain: $143 million compared to the $106.64 million average estimate based on three analysts.
Adjusted Operating Income-Air Management: $279 million versus $247.83 million estimated by three analysts on average.
Segment Adjusted Operating Income- Aftermarket: $57 million versus the three-analyst average estimate of $36.46 million.
Shares of BorgWarner have returned +7.1% over the past month versus the Zacks S&P 500 composite's +5.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Here's What Key Metrics Tell Us About BorgWarner (BWA) Q4 Earnings
For the quarter ended December 2022, BorgWarner (BWA - Free Report) reported revenue of $4.11 billion, up 12.4% over the same period last year. EPS came in at $1.26, compared to $1.06 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $3.89 billion, representing a surprise of +5.56%. The company delivered an EPS surprise of +21.15%, with the consensus EPS estimate being $1.04.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how BorgWarner performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for BorgWarner here>>>
Shares of BorgWarner have returned +7.1% over the past month versus the Zacks S&P 500 composite's +5.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.