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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.