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LEA

Lear Corporation

5/19/2013, 10:32 PM ET

Quote & Headlines Market Currents StockTalk

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| Earnings
| Dividends
| M&A
| On the move

Friday, May 17, 6:52 AM Lear Corporation (LEA) declares $0.17/share quarterly dividend, in line with previous. Forward yield 1.14%. For shareholders of record June 7. Payable June 26. Ex-div date June 5. (PR) Comment! [Dividends]
Thursday, April 25, 8:18 AM Lear (LEA): Q1 EPS of $1.30 beats by $0.19. Revenue of $3.9B (+8% Y/Y) beats by $0.22B. (PR) Comment! [Earnings, Breaking News, Consumer]
Thursday, April 25, 12:05 AM Notable earnings before Thursday’s open: ABC, AIXG, ALK, ALXN, AME, ASPS, AVT, AZN, BC, BG, BIIB, BLL, BMS, BMY, BSX, BWA, CAB, CAM, CCE, CELG, CFX, CL, CMS, CNX, COP, CRR, CSH, D, DAN, DLX, DNKN, DO, DOW, DST, EQT, ESI, ETR, FAF, GPK, GTI, GTLS, HERO, HOG, HP, HSY, IDCC, IMAX, JBLU, KKR, KMT, LEA, LINE, LKQ, LLL, LUV, LVLT, MDP, MJN, MMM, MO, NBL, NLSN, NMM, NYT, O, ODFL, ORI, OXY, PCS, PDS, PH, PHM, POT, PRLB, PTEN, PVR, RCL, RDWR, RRD, RS, RTN, RYN, SCG, SIAL, SUI, SWK, SWY, TASR, TSRA, TWC, UAL, UPS, UTHR, WBC, XOM, YNDX, ZMH Comment! [Earnings]
Wednesday, April 24, 5:30 PM Notable earnings before Thursday’s open: ABC, AIXG, ALK, ALXN, AME, ASPS, AVT, AZN, BC, BG, BIIB, BLL, BMS, BMY, BSX, BWA, CAB, CAM, CCE, CELG, CFX, CL, CMS, CNX, COP, CRR, CSH, D, DAN, DLX, DNKN, DO, DOW, DST, EQT, ESI, ETR, FAF, GPK, GTI, GTLS, HERO, HOG, HP, HSY, IDCC, IMAX, JBLU, KKR, KMT, LEA, LINE, LKQ, LLL, LUV, LVLT, MDP, MJN, MMM, MO, NBL, NLSN, NMM, NYT, O, ODFL, ORI, OXY, PCS, PDS, PH, PHM, POT, PRLB, PTEN, PVR, RCL, RDWR, RRD, RS, RTN, RYN, SCG, SIAL, SUI, SWK, SWY, TASR, TSRA, TWC, UAL, UPS, UTHR, WBC, XOM, YNDX, ZMH Comment! [Earnings]
Wednesday, April 17, 8:24 AM Procter & Gamble's (PG) plan to save $2B by stretching out supplier payments is nothing new in the industry. Kimberly-Clark, Church & David, and Energizer Holdings all beat the company to the punch in employing the tactic to free up cash. What to watch: If automobile manufacturers decide to toy with the same idea, analysts think it could create a cash pinch for suppliers such as BWA, NAV, FSYS, FDML, AXL, TOWR, JCI, DLPH, and LEA. 3 Comments [Consumer]
Monday, April 1, 8:09 AM Lear (LEA) announces acceleration of a stock buyback plan. The company will repurchase $800M of its shares by the end of the year, completing an existing $1B repurchase program and will subsequently commence a new $750M buyback. As a result of the move, Marcato Capital and Oskie Capital agree to withdraw their nominees for Lear's board and support the company's nominees instead. Comment!
Tuesday, February 12, 2:20 PM Marcato Capital and Oskie Capital say they've sent a letter to Lear's (LEA +1.3%) board outlining concerns around the company's valuation, outlining ideas for potential value-creating initiatives including a capex review, stock buyback, and potential asset acquisitions or sales. LEA, in response, issues a statement reiterating its committment to value creation, noting that it already has an effective investment strategy in place with a flexible balance sheet that enables it to return cash to shareholders. Comment! [On the Move]
Thursday, February 7, 6:53 PM Lear Corporation (LEA) declares $0.17/share quarterly dividend, 21% increase from prior dividend of $0.14. Forward yield 1.34%. For shareholders of record Mar. 01. Payable Mar. 20. Ex-div date Feb. 27. (PR) Comment! [Dividends]
Friday, February 1, 2:57 PM 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. Comment! [Earnings, On the Move]
Friday, February 1, 7:19 AM Lear (LEA): Q4 EPS of $1.48 beats by $0.11. Revenue of $3.7B (+6% Y/Y) beats by $0.2B. (PR) Comment! [Earnings, Breaking News, Consumer]
Wednesday, November 14, 2012, 3:54 PM Lear Corporation (LEA) declares $0.14/share quarterly dividend, in line with previous. Forward yield 1.39%. For shareholders of record Dec. 6. Payable Dec. 26. Ex-div Dec. 4. (PR) Comment! [Dividends]
Friday, October 26, 2012, 7:07 AM Lear (LEA): Q3 EPS of $1.29 beats by $0.09. Revenue of $3.54B (+2% Y/Y) beats by $70M. (PR) Comment! [Earnings, Consumer]
Wednesday, August 15, 2012, 7:57 AM Lear (LEA) declares $0.14/share quarterly dividend, in line with previous. Forward yield 1.41%. For shareholders of record Sep 06. Payable Sep 25. Ex-div date Sep 04. (PR) Comment! [Dividends]
Thursday, August 2, 2012, 7:25 PM Lear (LEA): Q2 EPS of $1.35 beats by $0.06. Revenue of $3.67B (-0.3% Y/Y) beats by $0.B. (PR) Comment! [Earnings, Consumer]
Thursday, August 2, 2012, 1:44 PM Lear (LEA +1.2%) trades up after beating Q2 estimates this morning, despite continuing signs of a weak global market for its products. Net profit dropped 18% Y/Y as European business continues to suffer amid decline in sales and a double-digit drop in revenue, leaving its North American segment to surpass Europe as the auto-parts supplier's largest market. Gross margins shrank to 8.6% from 9.4% on higher operating costs. Comment! [Earnings, Global & FX, On the Move]
Monday, May 7, 2012, 10:55 AM Lear (LEA +1.1%) moves higher this morning after Morgan Stanley upgraded the shares to Overweight based on a more attainable consensus estimate, lower operational cost structure and improved balance sheet. Comment! [On the Move]