tiprankstipranks
Visteon reports Q4 adjusted EPS $13.01 with items, consensus $2.09
The Fly

Visteon reports Q4 adjusted EPS $13.01 with items, consensus $2.09

Q4 EPS includes a non-cash tax benefit of $11.10 per share related to a reduction in the valuation allowance against the U.S. deferred tax assets. Reports Q4 revenue $990M, consensus $1.05B. “Visteon delivered another strong performance in 2023 with approximately $400M of growth in our base sales. I am especially proud of our team’s continued focus on execution, cost control, and cash flow generation,” said CEO Sachin Lawande. “Our impressive $7.2B of new business wins and high number of new product launches in 2023 lay the foundation for continued growth in 2024 and years to come.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on VC:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles