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BWA Q1 Earnings Beat Estimates on Cost Controls, Charging Exit
ZACKS· 2026-05-07 01:01
While reported sales benefited from stronger foreign currencies, organic net sales fell 4.2% from the year-ago quarter's level. Disciplined cost controls and the exit of the charging business helped support profitability in a softer production environment. BWA's Margin Gains Offset Softer Organic Sales Drivetrain & Morse Systems continued to be a steadier contributor, with sales rising 4.5% to $1.42 billion and segment adjusted operating income improving to $260 million from $243 million. PowerDrive Systems ...