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Aptiv PLC (APTV) announced a profit for first quarter that dropped from the same period last year.


RTTNews | May 6, 2021 06:54AM EDT

06:54 Thursday, May 6, 2021 (RTTNews.com) - Aptiv PLC (APTV) announced a profit for first quarter that dropped from the same period last year.

The company's profit totaled $0.28 billion, or $1.03 per share. This compares with $1.57 billion, or $6.14 per share, in last year's first quarter.

Excluding items, Aptiv PLC reported adjusted earnings of $301 million or $1.06 per share for the period.

Analysts had expected the company to earn $0.78 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 24.5% to $4.02 billion from $3.23 billion last year.

Aptiv PLC earnings at a glance:

-Earnings (Q1): $301 Mln. vs. $173 Mln. last year.-EPS (Q1): $1.06 vs. $0.68 last year.-Analysts Estimate: $0.78-Revenue (Q1): $4.02 Bln vs. $3.23 Bln last year.

-Guidance:Full year EPS guidance: $3.60Full year revenue guidance: $15125 - $15725 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3192394/aptiv-plc-q1-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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