Lear

Lear Corp. engages in the design, manufacture and supply of automotive seats, electrical distribution systems and electronic modules, as well as related sub-systems, components, and software. It operates through the following segments: Seating and E-Systems. The Seating segment consists of the design, engineering, just-in-time assembly and delivery of complete seat systems, as well as the manufacture of all major seat components, including seat covers and surface materials such as leather and fabric, seat structures and mechanisms, seat foam and headrests. The E-System segment engages in the design, development, engineering and manufacture of electrical distribution systems, as well as electronic control modules, electrification products, connectivity products and software solutions for the cloud, vehicles and mobile devices. The company was founded in 1917 and is headquartered in Southfield, MI.

Earnings data Q1 2021

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Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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Earnings data Q4 2024

Lear (LEA) posts strong Q4 results, eyes EV growth opportunities

Lear (LEA) reported strong financial performance in Q4 2022 and full-year 2022, driven by revenue growth, operational improvements, and strategic acquisitions.
The company's focus on market trends, innovation, and efficiency enhancements positions it well for sustained success and profitability in the future.
While facing challenges such as chip shortages and labor costs, Lear's strategic initiatives, robust backlog, and growth opportunities signal a positive outlook.
With a clear roadmap for margin expansion, focus on EV market trends, and readiness for capacity expansion, Lear is poised for continued growth and market leadership.

Lear Corporation reports robust Q1 earnings, eyes revenue growth

Lear's strong start in Q1 2023 showcases revenue and earnings growth, bolstered by strategic acquisitions and innovative product development. While challenges like global macro uncertainties persist, the company's focus on cost management and customer negotiations positions it well for future profitability and margin expansion.

Lear (LEA) reports stellar Q2 results, eyes growth amid challenges

Lear (LEA) delivered strong financial results in Q2 2023, focusing on technological advancements, partnerships, and returning value to shareholders. While facing challenges from lower volumes and margin impacts, the company remains optimistic about the second half of the year and opportunities for growth.

Lear Corporation excels in Q3 2023 amidst industry challenges

Lear's strong Q3 performance reflects growth across key financial metrics and industry recognition.
While challenges like the UAW strike and wage inflation persist, the company is focused on mitigating risks.
Opportunities lie in expanding sales, optimizing operations, and meeting customer demands with innovative products.

Lear reports record revenue and earnings growth, addresses inflation challenges

Lear Corporation delivered strong financial performance in Q4 2023, with record revenue and earnings growth.
While facing challenges like wage inflation and backlog adjustments, Lear is focused on automation and cost-saving initiatives.
The company's strategic acquisitions, sustainable product focus, and revenue growth projections present promising opportunities.
Overall, Lear's balanced approach to addressing challenges and leveraging growth opportunities positions it well for the future.

Lear reports strong Q1 earnings, focuses on automation and growth

Lear Corporation's Q1 2024 performance reflects growth in revenue and earnings, driven by operational efficiency and strategic investments in automation. While facing challenges in commercial negotiations, the company remains focused on sustainable deals and operational improvements. Opportunities lie in expanding thermal comfort solutions, new product launches, and participation in the shift to zonal architectures.

Lear Corporation excels in Q2 2024, eyes global automation growth

Lear's Q2 performance reflects robust financial health and strategic growth initiatives across key business segments.
Despite challenges in meeting revenue targets and operational adjustments, Lear's focus on innovation and efficiency remains strong.
Opportunities for expansion and market leadership exist through global automation trends and revenue growth projections.

Lear Corporation excels in Q3, eyes growth in China

Lear Corporation's Q3 performance reflects strong revenue growth, driven by new business wins and market outperformance. The company's focus on innovation, cost optimization, and strategic partnerships positions it well for long-term success. Lear must navigate industry challenges while seizing growth opportunities to maintain its competitive edge.

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Shares of Lear Corp. were indicated down nearly 1% in premarket trading Friday, after the auto seating and electronics systems company reported second-quarter profit that beat expectations, revenue that nearly doubled but was shy of forecasts and cut its full-year outlook citing the impact of semiconductor and component shortages. The company swung to net income of $175.2 million, or $2.89 a share, from a loss of $293.9 million, or $4.89 a share, in the year-ago period.

Lear beats on profit but comes up shy on revenue, lowers full-year outlook given chip supply issues

SOUTHFIELD, Mich., Aug. 6, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2021.

Lear Reports Second Quarter 2021 Results

Lear (NYSE:LEA) unveils its next round of earnings this Friday, August 06. Here is Benzinga's everything-that-matters guide for the earnings announcement.

A Preview Of Lear's Earnings

Lear (LEA) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Lear (LEA) Might Surprise This Earnings Season

SOUTHFIELD, Mich., July 22, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced the appointment of Alicia Davis to Chief Strategy Officer to drive the advancement and execution of the company's long-term growth strategy.

Lear Appoints Alicia Davis Chief Strategy Officer to Drive Advancement and Execution of Long-Term Growth Strategy

SOUTHFIELD, Mich., July 15, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will hold a conference call to review the company's second quarter 2021 financial results and related matters on August 6, 2021, at 8:30 a.m.

Lear Announces Date for Second Quarter 2021 Earnings Conference Call

This report is about Lear Corporation ( LEA , Financial) and covers the company's fiscal year ended Dec. 31, 2020. Listed earnings and metrics utilizing earnings are for that specific 12 month time period unless otherwise noted.

Lear Corporation - A Fair Value Report

Connected car company Xevo, owned by Lear, hit with layoffs in Seattle area

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Lear Corporation (NYSE:LEA) has a growing e-systems opportunity and could see content gains in its seating segment, according to Goldman Sachs. The Lear Analyst: Mark Delaney upgraded the rating for Lear from Neutral to Buy, while raising its price target from $198 to $228.

3 Reasons To Buy Lear According To Goldman Sachs

SOUTHFIELD, Mich., June 24, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it was recognized as a GM Supplier of the Year during General Motors' 29th annual Supplier of the Year ceremony.

Lear Named by General Motors as a 2020 Supplier of the Year and Overdrive Award Winner

SOUTHFIELD, Mich., June 16, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has signed a joint development agreement with IMS Connector Systems GmbH, a technology company based in Löffingen, Germany, specializing in high-speed Ethernet solutions for automotive applications.

Lear, IMS Connector Systems partner on high speed ethernet solutions

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SOUTHFIELD, Mich., May 26, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on June 4, 2021, at the virtual KeyBanc Capital Markets Industrials and Basic Materials Conference.

Lear to Participate in KeyBanc Capital Markets Industrials and Basic Materials Conference

SOUTHFIELD, Mich., May 26, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced the release of its 2020 Sustainability Report, highlighting the company's growing portfolio of green technologies, achievements in diversity, human rights and governance, and ambitious climate change goals for its operations.

Lear Releases 2020 Sustainability Report, Highlighting Innovations and a Strategic Roadmap for a Sustainable Future

After 1Q21 earnings, we still love these three Long Ideas that have excellent profit growth opportunities and attractive risk/reward.

MasTec, Allstate, & Lear: Stick With These 3 Long Ideas Post 1Q21 Earnings

Lear (LEA) envisions full-year net sales between $20.3 billion and $21.1 billion.

Lear (LEA) Fails to Maintain Momentum Despite Q1 Earnings Beat

Lear's (LEA) CEO Ray Scott on Q1 2021 Results - Earnings Call Transcript

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Lear (LEA) delivered earnings and revenue surprises of 26.87% and 9.57%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Lear (LEA) Tops Q1 Earnings and Revenue Estimates

U.S. auto parts maker Lear Corp said on Friday its first-quarter profit more than doubled, helped by robust demand for automobiles in key markets including China.

Lear profit more than doubles on strong automobile demand

SOUTHFIELD, Mich., May 7, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the first quarter 2021.

Lear Reports First Quarter 2021 Results

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SOUTHFIELD, Mich., May 3, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it is the lead investor for the Series C round of financing in CelLink Corporation, a San Carlos, CA-based manufacturer of a new class of flat and flexible circuits that minimize complexity, space and weight.

News for Lear Stock (LEA)