Aptiv PLC APTV reported fourth-quarter 2019 (ended Dec 31, 2019) earnings per share of $1.15 (on an adjusted foundation), decrease than the Zacks Consensus Estimate. Earnings decreased 19 cents yr over yr.
How Was the Estimate Revision Development?
Buyers ought to word that the earnings estimate revisions for Aptiv depicted a pessimistic image previous to the earnings launch. The inventory had seen the Zacks Consensus Estimate for fourth-quarter 2019 earnings transfer down 1% during the last 60 days.
Nevertheless, the corporate has a formidable earnings historical past having outperformed the Zacks Consensus Estimate in three of the final 4 quarters with a median beat of 8.4%.
Revenues Higher Than Anticipated
Aptiv recorded whole revenues of $3.6 billion which surpassed the Zacks Consensus Estimate of $3.5 billion. Nevertheless, revenues in contrast unfavorably with the year-ago determine of $3.6 billion.
Aptiv PLC Worth
…