Dana Holding Corp.'s (DAN) net income available to common stockholders for the first-quarter was $34 million or $0.19 per share, compared with $62 million or $0.33 per share for the same period in 2012.
The company's adjusted earnings per share was $0.28, compared with $0.44 in the first quarter of 2012.
Sales were $1.68 billion, compared with $1.96 billion for the same period in 2012. Lower market volumes, principally the North American commercial vehicle and European and Asian off-highway markets, reduced year-over year sales by about $159 million, with light-vehicle program roll-offs and a divestiture a year ago reducing sales by an additional $101 million.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.42 per share on revenues of $1.75 billion for the quarter. Analysts' estimates typically exclude special items.
The company affirmed its fiscal 2013 adjusted earnings outlook in a range of $1.88 to $1.95 per share, and Sales of about $7.1 billion. Analysts expect the company to report earnings of $1.89 per share on revenues of $7.16 billion for fiscal 2013.
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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.