- Borg Warner (NYSE:BWA) updates guidance ahead of it appearance at the Deutsche Bank Global Auto Conference.
- The company sees FQ1 organic sales growth of 2.5% to 6.5%. F/X is expected to cut into total sales by $60M. FQ1 EPS of $0.81-$0.85 is seen vs. $0.86 consensus.
- For the full year, BorgWarner expects sales of $8.81B-$9.04B vs. $9.28B consensus and EPS of $3.35-$3.45 vs. $3.52 consensus. $100M in share repurchases is also anticipated.
- BWA -1.89% premarket to $40.00 on light volume.
BorgWarner lower after guidance update
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Symbol | Last Price | % Chg |
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BorgWarner Inc. |