* Lear Corp is expected to show a fall in quarterly revenue when it reports results on October 24 for the period ending September 30 2024
* The Southfield Michigan-based company is expected to report a 3.5% decrease in revenue to $5.579 billion from $5.78 billion a year ago, according to the mean estimate from 11 analysts, based on LSEG data.The company's guidance on September 11 2024, for the period ended September 30, was for revenue of $5.500 billion.
* LSEG's mean analyst estimate for Lear Corp is for earnings of $2.63 per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Lear Corp is 140.00, above its last closing price of $105.11.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jan. 1 0001 3.42 3.40 3.60 Beat 5.9
Mar. 31 0001 3.06 3.02 3.18 Beat 5.1
Jan. 1 0001 3.05 3.12 -2.8
Jan. 1 0001 2.70 2.67 7.5
Jun. 3.21 3.21 3.33 Beat 3.8
30 2023
Jan. 1 0001 2.64 2.58 2.78 Beat 7.8
Dec. 31 2022 2.52 2.57 2.81 Beat 9.4
Sep. 30 2022 2.10 2.12 2.33 Beat 10
This summary was machine generated October 22 at 14:02 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)