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Lear

79.42

+1.912.46%

Post-market: 79.42-0.0250-0.03%19:51 EDT

Volume:600.15K

Turnover:47.54M

Market Cap:4.25B

PE:8.85

High:79.84

Open:77.56

Low:77.22

Close:77.51

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Overview Company News Filings

Q4 2024 Lear Corp Earnings Call

Thomson Reuters StreetEvents

Lear Corp’s Mixed Earnings Call Reflects Growth and Challenges

What's Going On With Lear Stock Following Q4 Earnings?

Stock Track | Lear Corporation Surges 5.29% on Robust Q4 2024 Results and Strong 2025 Outlook

Lear Corp reports results for the quarter ended December 31 - Earnings Summary

Lear's Q4 Adjusted Earnings, Sales Fall; Provides Full-Year Sales Outlook

MT Newswires Live

Lear: Q4 Earnings Snapshot

Associated Press Finance

Lear Q4 2024 Adj. EPS $2.94 Beats $2.58 Estimate, Sales $5.714B Beat $5.529B Estimate

BRIEF-Lear Q4 Adjusted EPS USD 2.94 Vs. IBES Estimate USD 2.58

Lear Outlook FY Adjusted EBIT USD 915-1,175 Million

THOMSON REUTERS

Lear Q4 Core Operating Earnings USD 257.7 Million

THOMSON REUTERS

Lear Reports Fourth Quarter and Full Year 2024 Results

Calendar of U.S. Earnings Expected in the Week Ahead

Lear Integrates ComfortMax Seat Engineering Technology with General Motors

Lear Acquires Portugal's StoneShield Engineering

MT Newswires Live

BRIEF-Lear Acquires Stoneshield Engineering To Enhance Advanced Automation Capabilities Within Its E-Systems Business

Lear Buys StoneShield Engineering to Boost Automation Capabilities

Lear acquires StoneShield Engineering, terms not disclosed

Lear Acquires Stoneshield Engineering to Enhance Advanced Automation Capabilities Within Its E-Systems Business

THOMSON REUTERS

Lear Acquires StoneShield Engineering to Enhance Advanced Automation Capabilities Within its E-Systems Business

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Ray Scott; President, Chief Executive Officer, Director; Lear Corporation Mexico S de RL de CV. Jason Cardew; Chief Financial Officer, Senior Vice President; Lear Corporation Mexico S de RL de CV. Thanks, Tim. Please turn to Slide 5, which highlights key financial metrics for the fourth quarter full year 2024. We have generated $23.3 billion of revenue in 2024. Core operating earnings were $1.1 billion, or 4.7% of net sales for the year. Adjusted earnings per share was $12.62, an increase of 5% from last year, driven by the benefit of our share repurchase program and higher earnings. Operating cash flow was $1.1 billion, and free cash flow was $561 million in 2024. Slide 6 highlights the key financial and strategic initiatives we delivered on in 2024. As a reminder, we have four strate","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q4-2024-lear-corp-earnings-063133788.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LEA","GM"],"gpt_icon":0},{"id":"2509517732","title":"Lear Corp’s Mixed Earnings Call Reflects Growth and Challenges","url":"https://stock-news.laohu8.com/highlight/detail?id=2509517732","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509517732?lang=en_us&edition=fundamental","pubTime":"2025-02-07 08:52","pubTimestamp":1738889566,"startTime":"0","endTime":"0","summary":"Lear Corp. (($LEA)) has held its Q4 earnings call. 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Analysts polled by FactSet expect $22.97 billion.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LEA"],"gpt_icon":0},{"id":"2509222466","title":"Lear: Q4 Earnings Snapshot","url":"https://stock-news.laohu8.com/highlight/detail?id=2509222466","media":"Associated Press Finance","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509222466?lang=en_us&edition=fundamental","pubTime":"2025-02-06 19:43","pubTimestamp":1738842206,"startTime":"0","endTime":"0","summary":"SOUTHFIELD, Mich.  — SOUTHFIELD, Mich.  — Lear Corp.  on Thursday reported fourth-quarter earnings of $88.1 million.On a per-share basis, the Southfield, Michigan-based company said it had profit of $1.61. Earnings, adjusted for non-recurring costs and restructuring costs, were $2.94 per share.The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.59 per share.The automotive seating and electrical distribution systems company posted revenue of $5.71 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $5.51 billion.For the year, the company reported profit of $506.6 million, or $8.97 per share. Revenue was reported as $23.31 billion.Lear expects full-year revenue in the range of $21.88 billion to $22.88 billion.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/lear-q4-earnings-snapshot-114326090.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LEA"],"gpt_icon":0},{"id":"2509219792","title":"Lear Q4 2024 Adj. EPS $2.94 Beats $2.58 Estimate, Sales $5.714B Beat $5.529B Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2509219792","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509219792?lang=en_us&edition=fundamental","pubTime":"2025-02-06 19:33","pubTimestamp":1738841639,"startTime":"0","endTime":"0","summary":"Lear (NYSE:LEA) reported quarterly earnings of $2.94 per share which beat the analyst consensus estimate of $2.58 by 13.95 percent. This is a 2.97 percent decrease over earnings of $3.03 per share from the same period","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/02/43523017/lear-q4-2024-adj-eps-2-94-beats-2-58-estimate-sales-5-714b-beat-5-529b-estimate","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Lear Q4 2024 Adj. EPS $2.94 Beats $2.58 Estimate, Sales $5.714B Beat $5.529B Estimate","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LEA"],"gpt_icon":0},{"id":"2509221399","title":"BRIEF-Lear Q4 Adjusted EPS USD 2.94 Vs. IBES Estimate USD 2.58","url":"https://stock-news.laohu8.com/highlight/detail?id=2509221399","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509221399?lang=en_us&edition=fundamental","pubTime":"2025-02-06 19:31","pubTimestamp":1738841467,"startTime":"0","endTime":"0","summary":"Feb 06  - Lear Q4 EPS USD 1.61.Q4 adjusted net income USD 161 million vs. IBES estimate USD 146.9 million. Q4 sales USD 5,714.6 million vs. IBES estimate USD 5,529 million","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250206:nPLXD43496:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LEA"],"gpt_icon":0},{"id":"2509859221","title":"Lear Outlook FY Adjusted EBIT USD 915-1,175 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2509859221","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509859221?lang=en_us&edition=fundamental","pubTime":"2025-02-06 19:30","pubTimestamp":1738841422,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250206:nPLXD43496:8","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LEA","BK4124"],"gpt_icon":0},{"id":"2509722181","title":"Lear Q4 Core Operating Earnings USD 257.7 Million","url":"https://stock-news.laohu8.com/highlight/detail?id=2509722181","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509722181?lang=en_us&edition=fundamental","pubTime":"2025-02-06 19:30","pubTimestamp":1738841422,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250206:nPLXD43496:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LEA","BK4124"],"gpt_icon":0},{"id":"2509221029","title":"Lear Reports Fourth Quarter and Full Year 2024 Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2509221029","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509221029?lang=en_us&edition=fundamental","pubTime":"2025-02-06 19:30","pubTimestamp":1738841400,"startTime":"0","endTime":"0","summary":"SOUTHFIELD, Mich., Feb. 6, 2025 /PRNewswire/ -- Lear Corporation , a global automotive technology leader in Seating and E-Systems, today reported results for the fourth quarter and full year 2024 and provided its financial outlook for the full year 2025.Delivered revenue of $5.7 billion in the fourth quarter, compared to $5.8 billion in the fourth quarter of 2023. Net income of $88 million and adjusted net income of $161 million, compared to $127 million and $177 million, respectively, in the fourth quarter of 2023. Core operating earnings of $258 million, compared to $288 million in the fourth quarter of 2023. Earnings per share of $1.61 and adjusted earnings per share of $2.94, compared to $2.18 and $3.03,respectively, in the fourth quarter of 2023. Net cash provided by operating activities of $681 million and free cash flow of $489 million, compared to $570 million and $377 million, respectively, in the fourth quarter of 2023. Delivered revenue of $23.3 billion, compared to $23.5 bi","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/lear-reports-fourth-quarter-full-113000720.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/lear-reports-fourth-quarter-full-113000720.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4124","LEA"],"gpt_icon":0},{"id":"2509522690","title":"Calendar of U.S. Earnings Expected in the Week Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2509522690","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509522690?lang=en_us&edition=fundamental","pubTime":"2025-02-06 19:00","pubTimestamp":1738839600,"startTime":"0","endTime":"0","summary":"Major companies tentatively scheduled to report quarterly earnings in the week ahead, with earnings estimates provided by FactSet Research Systems Inc.·Affiliated Mgrs Gp                               4Q      6.01    7:00 AM. ·Alpine Incm Prop Trst                           4Q       .02        AMC. ·ArcelorMittal SA ADR                              4Q       .49    1:00 AM. ·BILL Hldgs Inc.                                 2Q       .47    4:05 PM. ·Boyd Gaming Corp                                 4Q      1.79    4:05 PM. ·Camden Prop Trust                                4Q       .36    4:15 PM. ·Capital Clean Engy                              4Q       .34    7:00 AM. ·Cemex SAB de CV                                   4Q       .04        BMO. ·Cloudflare Inc Class A                           4Q       .18    4:15 PM. ·CMS Energy Corp                                  4Q       .87    6:30 AM. ·Colliers Intl Gp.                               4Q      2.38    7:00 AM","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AGCO","PINE","GOOS","LEA","ITT","LSPD","CX","MKTX","LION","CRNC","LADR","MDU","BDX","MCHP","INTR","HLT","ENTG","BILL","IQV","LIN","APTV","FTNT","PTON","HUBG","MTD","K","EGP","LGND","KVUE","CDP","PECO","CLFD","ATR","NSP","EFX","EHC","BWA","MT","NSIT","LH","LESL","LGF.B","IDCC","MCFT","DOCS","MHK","NET","AB","BTU"],"gpt_icon":1},{"id":"2509222286","title":"Lear Integrates ComfortMax Seat Engineering Technology with General Motors","url":"https://stock-news.laohu8.com/highlight/detail?id=2509222286","media":"PR Newswire","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509222286?lang=en_us&edition=fundamental","pubTime":"2025-02-05 21:30","pubTimestamp":1738762200,"startTime":"0","endTime":"0","summary":"SOUTHFIELD, Mich., Feb. 5, 2025 /PRNewswire/ -- Lear Corporation , a global automotive technology leader in Seating and E-Systems, announced today a key engineering integration with General Motors, beginning in the second quarter of 2025. A first of its kind, the ComfortMax Seat integrates thermal comfort technologies into trim covers, providing occupant comfort and well-being, superior thermal management and improved manufacturing efficiency.Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of talented employees in 38 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks 174 on the Fortune 500. Further information about Lear is ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/lear-integrates-comfortmax-seat-engineering-133000399.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/lear-integrates-comfortmax-seat-engineering-133000399.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU0072461881.USD","LU0648000940.SGD","BK4099","BK4124","BK4585","LU0477156797.USD","LU0070302665.USD","LU1201861249.SGD","LU0648001328.SGD","GM","LU0006061336.USD","BK4559","LU0130103400.USD","LU0345770308.USD","LU0130517989.USD","BK4555","LU0320765489.SGD","BK4566","LU0130518102.USD","LU0345770993.USD","LU0162691827.USD","LU1201861165.SGD","LU0130102774.USD","LU0211331839.USD","LEA","LU0477156953.USD","BK4561","TCS","BK4574","BK4516","LU0980610538.SGD","BK4596","BK4200","BK4588","LU0208291251.USD"],"gpt_icon":0},{"id":"2509565413","title":"Lear Acquires Portugal's StoneShield Engineering","url":"https://stock-news.laohu8.com/highlight/detail?id=2509565413","media":"MT Newswires Live","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509565413?lang=en_us&edition=fundamental","pubTime":"2025-02-05 06:46","pubTimestamp":1738709205,"startTime":"0","endTime":"0","summary":"Lear (LEA) said late Tuesday it has purchased StoneShield Engineering, a Portugal-based system integrator, to enhance automation of production processes across its e-systems business.Financial details weren't provided.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4124","LEA"],"gpt_icon":0},{"id":"2509184004","title":"BRIEF-Lear Acquires Stoneshield Engineering To Enhance Advanced Automation Capabilities Within Its E-Systems Business","url":"https://stock-news.laohu8.com/highlight/detail?id=2509184004","media":"Reuters","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509184004?lang=en_us&edition=fundamental","pubTime":"2025-02-05 06:35","pubTimestamp":1738708502,"startTime":"0","endTime":"0","summary":"BRIEF-Lear Acquires Stoneshield Engineering To Enhance Advanced Automation Capabilities Within Its E-Systems BusinessFeb 4 (Reuters) - Lear Corp LEA.N:LEAR ACQUIRES STONESHIELD ENGINEERING TO ENHANCE ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250204:nTUA8DT1TP:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LEA","BK4124"],"gpt_icon":0},{"id":"2509497789","title":"Lear Buys StoneShield Engineering to Boost Automation Capabilities","url":"https://stock-news.laohu8.com/highlight/detail?id=2509497789","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509497789?lang=en_us&edition=fundamental","pubTime":"2025-02-05 05:51","pubTimestamp":1738705860,"startTime":"0","endTime":"0","summary":"Lear has acquired StoneShield Engineer, which designs and develops automation technology for the wire harness industry.Based in Castelo Branco, Portugal, StoneShield's areas of expertise include robotics, automated taping applications and high voltage harness assemblies.Lear Chief Executive Ray Scott said the deal will speed up the automation of the production processes throughout its E-Systems business.Lear, a maker of car seats and other auto parts, also plans to develop new advanced technologies for its wire harness production.","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LEA","BK4124"],"gpt_icon":0},{"id":"2509492870","title":"Lear acquires StoneShield Engineering, terms not disclosed","url":"https://stock-news.laohu8.com/highlight/detail?id=2509492870","media":"TIPRANKS","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509492870?lang=en_us&edition=fundamental","pubTime":"2025-02-05 05:26","pubTimestamp":1738704400,"startTime":"0","endTime":"0","summary":"Lear (LEA) announced it has purchased StoneShield Engineering, a privately held system integrator based in Castelo Branco, Portugal. Founded in 201...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/lear-acquires-stoneshield-engineering-terms-not-disclosed?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/lear-acquires-stoneshield-engineering-terms-not-disclosed?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LEA","BK4124"],"gpt_icon":0},{"id":"2509945704","title":"Lear Acquires Stoneshield Engineering to Enhance Advanced Automation Capabilities Within Its E-Systems Business","url":"https://stock-news.laohu8.com/highlight/detail?id=2509945704","media":"THOMSON REUTERS","labels":["merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509945704?lang=en_us&edition=fundamental","pubTime":"2025-02-05 05:15","pubTimestamp":1738703706,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250204:nTUA8DT1TP:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"merge","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LEA","BK4124"],"gpt_icon":0},{"id":"2509494220","title":"Lear Acquires StoneShield Engineering to Enhance Advanced Automation Capabilities Within its E-Systems Business","url":"https://stock-news.laohu8.com/highlight/detail?id=2509494220","media":"PR Newswire","labels":["corporation","merge"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2509494220?lang=en_us&edition=fundamental","pubTime":"2025-02-05 05:15","pubTimestamp":1738703700,"startTime":"0","endTime":"0","summary":"SOUTHFIELD, Mich., Feb. 4, 2025 /PRNewswire/ -- Lear Corporation , a global automotive technology leader in Seating and E-Systems, today announced it has purchased StoneShield Engineering, a privately held system integrator based in Castelo Branco, Portugal.Founded in 2017, StoneShield Engineering specializes in the design and development of automation technology for the wire harness industry. Key areas of expertise include robotics, automated taping applications and high voltage harness assembly.\"By utilizing StoneShield's expertise, we will accelerate the automation of our production processes throughout our E-Systems business,\" said President and CEO Ray Scott. \"We will also develop new advanced technologies for our wire harness production, further improving our efficiency and operational excellence.\". About Lear Corporation Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. 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