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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Lear Corp (NYSE: LEA) reported second-quarter FY21 sales growth of 95% year-on-year, to $4.76 billion, missing the analyst consensus of $4.91 billion. Sales were up 83%, excluding the impact of foreign exchange, commodities, and acquisitions.

Lear Q2 Earnings Misses Estimates; Cuts FY21 Outlook

Shares of Lear (NYSE:LEA) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share were up 159.18% over the past year to $2.45, which missed the estimate of $2.68.

Recap: Lear Q2 Earnings

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

Apple

Eli Lilly

Roku

Take-Two Interactive Software

Hydrofarm Holdings Group

Newell Brands

Procter & Gamble

Public Storage

Sierra Wireless

Halfway through Thursday's trading session stocks are higher following a back and forth Wednesday where the Nasdaq managed to close at an all-time high while all of the other major indices posted small gains.

Apple, Lilly, Take-Two Interactive, Roku and More Thursday Afternoon Analyst Research Calls

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

Allstate

MasTec

Since 2015, MasTec's ROIC has improved from 2% to 9% over the trailing-twelve-months. Lower claim expense helped Allstate's NOPAT rise from $4 billion in 2019 to $7.8 billion TTM.

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

AECOM

American Financial Group

East West Bancorp

First Horizon National

Vanguard S&P Mid-Cap 400 Value ETF

Jones Lang LaSalle

Kohl's

SPDR S&P Midcap 400 ETF Trust

Owens Corning

Omega Healthcare Investors

Reinsurance Group of America

Reliance Steel & Aluminum

Reinsurnce Gr Amer Debentures 2016-15.06.56 Fixed/Floating Rate

Signature Bank

Steel Dynamics

Alleghany

IVOV strategy and facts. Comparing IVOV with my value model.

IVOV: Midcap Value ETF Review

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

Aptiv Holdings Ltd

BorgWarner

Ford Motor Company

Magna International

Volkswagen AG

U.S. auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding in a partial recovery of lost sales.

U.S. auto part makers brace for a bumpy ride as chip shortage to intensify

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.

News for Lear Stock (LEA)