BorgWarner Surpasses EPS Forecast
BorgWarner reported mixed results with earnings surpassing expectations, yet revenue slightly missed estimates due to sector challenges. BorgWarner (BWA -3.18%), a leading innovator in the automotive industry, issued its earnings report for Q4 2024 on Feb. 6, 2025. Central to the release was the company's successful mitigation of cost pressures, as evidenced by its adjusted EPS of $1.01, surpassing predictions of $0.96. Despite the earnings surprise, revenue slid 2.4% year-over-year to $3,439 million, missi ...