Autoliv (NYSE: ALV ) reported earnings on April 26. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Autoliv beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue shrank slightly. Non-GAAP earnings per share dropped significantly. GAAP earnings per share grew significantly.
Gross margins contracted, operating margins shrank, net margins grew.
Autoliv reported revenue of $2.14 billion. The 11 analysts polled by S&P Capital IQ expected sales of $2.09 billion on the same basis. GAAP reported sales were the same as the prior-year quarter's.
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 $1.32. The 13 earnings estimates compiled by S&P Capital IQ anticipated $1.23 per share. Non-GAAP EPS of $1.32 for Q1 were 15% lower than the prior-year quarter's $1.56 per share. GAAP EPS of $1.29 for Q1 were 21% higher than the prior-year quarter's $1.07 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 19.4%, 80 basis points worse than the prior-year quarter. Operating margin was 8.5%, 70 basis points worse than the prior-year quarter. Net margin was 5.8%, 120 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Next quarter's average estimate for revenue is $2.11 billion. On the bottom line, the average EPS estimate is $1.34.
Next year's average estimate for revenue is $8.43 billion. The average EPS estimate is $5.60.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 374 members out of 392 rating the stock outperform, and 18 members rating it underperform. Among 142 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 138 give Autoliv a green thumbs-up, and four 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 $66.72.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Autoliv. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Click here for instant access to this free report.
- Add Autoliv to My Watchlist.