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Autoliv's (automotive safety system supplier) better-than-expected results directly impact automotive technology stocks and industry suppliers. Q2 revenue of $2,803 million beat the estimate of $2,774 million, showing revenue outperformance; adjusted EBIT of $270 million exceeded the estimate of $259.4 million, reflecting better-than-expected operational efficiency. However, organic growth at 0% and a negative FX impact of approximately 2.5% are limitations to note in the global trend context.
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Autoliv reports Q2 results with adjusted EPS of $2.43, beating IBES estimate of $2.42, with Q2 revenue of $2,803 million and adjusted EBIT of $270 million both exceeding expectations.
Autoliv's (automotive safety system supplier) better-than-expected results directly impact automotive technology stocks and industry suppliers. Q2 revenue of $2,803 million beat the estimate of $2,774 million, showing revenue outperformance; adjusted EBIT of $270 million exceeded the estimate of $259.4 million, reflecting better-than-expected operational efficiency. However, organic growth at 0% and a negative FX impact of approximately 2.5% are limitations to note in the global trend context.
FirstSquawk·07/17, 05:10 PM
High impact