Autoliv (NYSE: ALV ) reported earnings on April 27. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Autoliv met expectations on revenue and whiffed on earnings per share.
Compared to the prior-year quarter, revenue expanded and GAAP earnings per share shrank significantly.
Margins dropped across the board.
Autoliv reported revenue of $2.18 billion. The nine analysts polled by S&P Capital IQ expected revenue of $2.19 billion on the same basis. GAAP reported sales were 3.3% higher than the prior-year quarter's $2.11 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $1.07. The eight earnings estimates compiled by S&P Capital IQ predicted $1.62 per share. GAAP EPS of $1.07 for Q1 were 45% lower than the prior-year quarter's $1.93 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 20.2%, 190 basis points worse than the prior-year quarter. Operating margin was 9.2%, 290 basis points worse than the prior-year quarter. Net margin was 4.6%, 400 basis points worse than the prior-year quarter.
Next quarter's average estimate for revenue is $2.15 billion. On the bottom line, the average EPS estimate is $1.33.
Next year's average estimate for revenue is $8.57 billion. The average EPS estimate is $6.29.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 356 members out of 372 rating the stock outperform, and 16 members rating it underperform. Among 142 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 140 give Autoliv a green thumbs-up, and two give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Autoliv is hold, with an average price target of $75.52.
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