Aptiv PLC (APTV) reported earnings for second quarter that Decreased from last year but beat the Street estimates.
The company's earnings totaled $393 million, or $1.80 per share. This compares with $938 million, or $3.47 per share, last year.
Excluding items, Aptiv PLC reported adjusted earnings of $463 million or $2.12 per share for the period.
Analysts on average had expected the company to earn $1.83 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.1% to $5.208 billion from $5.051 billion last year.
Aptiv PLC earnings at a glance (GAAP) :
-Earnings: $393 Mln. vs. $938 Mln. last year.-EPS: $1.80 vs. $3.47 last year.-Revenue: $5.208 Bln vs. $5.051 Bln last year.
-Guidance:Next quarter EPS guidance: $1.60 - $1.80Next quarter revenue guidance: $4.95-$5.1 BlnFull year EPS guidance: $7.30 - $7.60Full year revenue guidance: $20-$20.3 Bln
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