Home Markets Earnings Estimate Forecast on Lear Corporation(LEA)

Earnings Estimate Forecast on Lear Corporation(LEA)


Lear Corporation(LEA): For the most recent quarter end, Lear Corporation reported Annual Earnings of $3.8. Based on the filings, last years Annual Earnings was, $14.03. For the most recent quarter end, LEA reported a surprise Earnings per Share of 11.76% . The consensus estimate for current quarter is $3.93 and for the current fiscal year, the estimate is $15.33. For the Next fiscal year, the estimate is $16.13 based on the consensus. Southfield based Lear Corporation Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 26, 2017.

Lear Corporation has received $3.93 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 9 Financial Advisor in the Stock Trading Firms. Among 9 Analysts, Bottom line EPS Estimate for the current quarter is $3.62 while the top line estimate is $4.25 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 15.62%. Lear Corporation reported better than expected with a surprise EPS of 11.76% or $0.4 during its most recent quarterly earnings. The Actual EPS was $3.8 compared to the Estimated EPS of $3.4. According to the corporate earnings calendar, Lear Corporation will release next earnings on Apr 26, 2017 with an estimated EPS consensus of $3.93. Based on the consensus of stock financial advisors the stock has a price target of $154.55. Current year estimate on EPS consensus is $15.33. The Estimated EPS rate for Long term growth is $8.9.

Lear Corporation has a Price to Earnings ratio of 10.09 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 3.12. For the Most Recent Fiscal Year, Lear Corporation has a price to cash ratio of 7.09. For the Trailing twelve month period, company showed a Net Profit Margin of 5.25% and Return on Equity of the stock is 32.21%.

Lear Corporation last declared its Dividend on Dec 07, 2016. For Dividend Investing Stock Market Traders Lear Corporation has a Dividend Yield of 0.85% with an Annual Dividend of $1.2. It has a Payout Ratio of 0.09 and the change in Dividend payout ratio is -0.02.

Lear Corporation Last issued its quarterly earnings results on Jan 26, 2017. The company reported $3.80 EPS for the quarter, beating the analyst consensus estimate by $ 0.31. Analyst had a consensus of $3.49. The company had revenue of $4643.50 million for the quarter, compared to analysts expectations of $4739.57 million. The companys revenue was down -1.7 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $3.20 EPS.

Company has reported several Insider transactions to the SEC, on Feb 17, 2017, Jeffrey H. Vanneste (Sr. VP and CFO) sold 27,791 shares at 142.29 per share price.On Feb 17, 2017, Matthew Simoncini (President & CEO) sold 96,980 shares at 142.29 per share price.On Feb 17, 2017, Raymond E Scott (EVP & President, Seating) sold 28,820 shares at 142.29 per share price.

Lear Corporation (NYSE:LEA) rose 0.87% or 1.24 points on Wednesday and made its way into the gainers of the day. After trading began at $141.68 the stock was seen hitting $143.3 as a peak level and $140.55 as the lowest level. The stock ended up at $143.02. The daily volume was measured at 773,803 shares. The 52-week high of the share price is $148.49 and the 52-week low is $96.64. The company has a market cap of $9,930 million.

Lear Corporation is a leading global supplier of automotive seating systems, electrical distribution systems and electronics. The seating segment consists of the manufacture, assembly and supply of vehicle seating requirements. The Company produces seat systems for automobiles and light trucks that are fully assembled and ready for installation. The electrical and electronic segment consists of the manufacture, assembly and supply of electrical and electronic systems and components for the vehicle. The Company is able to provide its customers with engineering and design solutions and manufactured systems, modules and components that optimally integrate the electrical distribution system of wiring, terminals and connectors, junction boxes and electronic modules within the overall architecture of the vehicle. Lear Corporation is headquartered in Southfield, Michigan.



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