Benzinga | Nov 2, 2021 10:47AM EDT

Lear Q3 Adj. EPS $0.53 Misses $0.71 Estimate, Sales $4.27B Miss $4.37B Estimate

Lear (NYSE:LEA) reported quarterly earnings of $0.53 per share which missed the analyst consensus estimate of $0.71 by 25.35 percent. This is a 85.79 percent decrease over earnings of $3.73 per share from the same period last year. The company reported quarterly sales of $4.27 billion which missed the analyst consensus estimate of $4.37 billion by 2.33 percent. This is a 12.90 percent decrease over sales of $4.90 billion the same period last year.