Borg Warner Inc. (BWA) reported earnings for third quarter that Decreased from the same period last year but beat the Street estimates.
The company's bottom line totaled $158 million, or $0.73 per share. This compares with $234 million, or $1.04 per share, last year.
Excluding items, Borg Warner Inc. reported adjusted earnings of $1.24 per share for the period.
Analysts on average had expected the company to earn $1.17 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.4% to $3.59 billion from $3.44 billion last year.
Borg Warner Inc. earnings at a glance (GAAP) :
-Earnings: $158 Mln. vs. $234 Mln. last year.-EPS: $0.73 vs. $1.04 last year.-Revenue: $3.59 Bln vs. $3.44 Bln last year.
-Guidance:Full year EPS guidance: $4.60 - $4.75Full year revenue guidance: $14.1 - $14.3 Bln
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.