BorgWarner Inc.'s (BWA) third-quarter net earnings attributable to the company were $17.2 million or $0.15 per share compared with a loss of $130.4 million or $1.12 per share in the last year. Net earnings for the quarter were $20 million versus a loss of $128 million in 2008.
Non-GAAP earnings per share for the recent quarter fell sharply to $0.15 from $0.44 in the prior year. On average, 16 analysts polled by Thomson Reuters expected earnings per share of $0.10 for the quarter. Analysts' estimate typically excludes one-time items.
Net sales for the third quarter of 2009 decreased to $1.03 billion from $1.32 billion in the year earlier period. Eleven analysts estimated revenues of $1.01 billion for the quarter.
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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.