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Lear's (LEA) Q1 Earnings Beat, Revenues Match Estimates
LEALear(LEA) Zacks Investment Research·2024-05-07 22:51

Lear Corp. (LEA) reported first-quarter 2024 adjusted earnings of 3.18pershare,whichincreasedfrom3.18 per share, which increased from 2.78 recorded in the year-ago quarter and beat the Zacks Consensus Estimate of 3.04pershare.Inthereportedquarter,revenuesincreased2.53.04 per share. In the reported quarter, revenues increased 2.5% year over year to 6 billion and were in line with the Zacks Consensus Estimate.Segment PerformanceSales of the Seating segment totaled 4.47billioninthereportedquarter,upfrom4.47 billion in the reported quarter, up from 4.45 billion generated in the year-ago quarter billion, thanks to solid backlo ...