Phinia (PHIN) shares rose 2.3% in recent trading Thursday after the company reported higher and stronger-than-expected adjusted net earnings.
The company reported Q3 adjusted net earnings Thursday of $1.17 per diluted share, up from $0.69 a year earlier.
Three analysts polled by Capital IQ expected $0.91.
Net sales for the quarter ended Sept. 30 were $839 million, down from $896 million a year earlier.
Two analysts surveyed by Capital IQ expected $849.3 million.
The company said it now expects 2024 net sales of $3.36 billion to $3.41 billion, compared with $3.42 billion to $3.58 billion previously. Three analysts surveyed by Capital IQ expect $3.42 billion.
Price: 45.50, Change: +1.00, Percent Change: +2.25
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。