Garrett Motion's Q4 Earnings Rise, Net Sales Fall; 2025 Revenue Outlook Set

MT Newswires Live

02-20

Garrett Motion (GTX) reported Q4 earnings Thursday of $0.47 per diluted share, up from $0.22 a year earlier.

Two analysts polled by FactSet expected $0.28.

Net sales for the quarter ended Dec. 31 were $844 million, down from $945 million a year earlier.

Two analysts surveyed by FactSet expected $860.5 million.

The company expects 2025 net sales of $3.30 billion to $3.50 billion.

Two analysts polled by FactSet expect $3.60 billion.

The company said its board approved a $250 million share buyback program valid until Dec. 31.

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