Lear Corp (LEA) reported fourth quarter net income attributable to Lear of $1.23 billion, compared to net loss attributable to Lear of $688.2 million or $8.91 per share last year.
The company posted core operating earnings of $116 million for the quarter.
Net sales were $2.74 billion, compared to $2.6 billion in the same quarter a year earlier.
Moving ahead, Lear said it expects 2010 global net sales in the range of $10.2 billion to $10.7 billion. Lear anticipates 2010 core operating earnings of $250 million to $350 million.
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