Visteon Corp. (VC) Thursday reported fourth-quarter profit of $60 million, compared to a loss of $6 million in the same period last year. Prior-year loss was driven by a one-time loss of $64 million, from discontinued operations.
Net income attributable to the company totaled $39 million or $0.74 per share, compared to a loss of $26 million or $0.51 per share last year.
On average, four analysts polled by Thomson Reuters expected the company to earn $0.88 per share for the quarter. Analysts' estimates typically exclude special items.
Sales improved to $1.82 billion from $1.73 billion last year. Analysts expected revenues of $1.72 billion.
Adjusted EBITDA was $196 million, compared with $154 million last year. Looking ahead to the fiscal year 2013, the company has forecast revenues in a range of $7.3 billion to $7.5 billion. Analysts currently expect full-year revenues of $7.20 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.