Lear (LEA +1.1%) gains after beating on its Q4 earlier this morning as total sales edged 6%...

|About: Lear Corporation (LEA)|By:, SA News Editor

Lear (LEA +1.1%) gains after beating on its Q4 earlier this morning as total sales edged 6% higher over the prior year period. Net earnings surged, boosted by a massive tax benefit and improving core earnings, which were driven by a 14% rise in revenue in its Americas segment and a 13% gain in Asia, and helped to offset a 9% decline in Europe. Gross margins also improved to 8.1% from 6.9%. Read more on earnings here: Earnings Call Transcript.