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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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.