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Borg Warner Inc. (BWA) announced a profit for its fourth quarter that increased from the same period last year.


RTTNews | Feb 11, 2021 06:36AM EST

06:35 Thursday, February 11, 2021 (RTTNews.com) - Borg Warner Inc. (BWA) announced a profit for its fourth quarter that increased from the same period last year.

The company's bottom line came in at $358 million, or $1.52 per share. This compares with $220 million, or $1.06 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.93 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 53.5% to $3.93 billion from $2.56 billion last year.

Borg Warner Inc. earnings at a glance:

-Earnings (Q4): $358 Mln. vs. $220 Mln. last year.-EPS (Q4): $1.52 vs. $1.06 last year.-Analysts Estimate: $0.93-Revenue (Q4): $3.93 Bln vs. $2.56 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3168970/borg-warner-inc-bottom-line-advances-in-q4.aspx)

For comments and feedback: contact editorial@rttnews.com

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