Autoliv, Inc. (ALV)
ALV Price and Sentiment
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ALV, HE, IBM, LNN, and ROOT have been added to the Zacks Rank #5 (Strong Sell) List on October 25, 2021.
On Friday, auto parts manufacturers Autoliv Inc. (NYSE:ALV) and Gentex Corp (NASDAQ:GNTX) shares fell after announcing their most recent quarterly results. Both companies reported their FQ3 revenue and earnings before markets opened, missing estimates.
Autoliv, Inc. (ALV) CEO Mikael Bratt on Q3 2021 Results - Earnings Call Transcript
Autoliv, Inc. (ALV) delivered earnings and revenue surprises of -28.43% and -2.23%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Autoliv Inc (NYSE: ALV) reported a third-quarter FY21 sales decline of 9.3% year-on-year, to $1.85 billion, missing the analyst consensus of $1.92 billion. Organic sales declined 12% as global LVP declined by 20%.
Autoliv (NYSE:ALV) reported its Q3 earnings results on Friday, October 22, 2021 at 06:00 AM. Here's what investors need to know about the announcement.
STOCKHOLM, Oct. 22, 2021 /PRNewswire/ -- (NYSE: ALV) (SSE: ALIV.sdb) Q3 2021: Accelerating global supply chain disruptions Financial highlights Q3 2021 $1,847m net sales 12% organic sales decline* 5.4% operating margin 5.6% adjusted operating margin* $0.68 EPS - a decrease of $0.44 $0.73 adjusted EPS* - a decrease of $0.75 Full year 2021 indications Around 11% net sales growth Around 8% organic sales growth Around 8% adjusted operating margin Key business developments in the third quarter of 2021 Significant organic sales decline* as global LVP declined by 20% vs. Q3 last year (according to IHS Markit Oct 2021).
Autoliv stock falls after profit falls more than 50% to miss expectations as supply shortages weighed on LVP2021-10-22 06:18
The U.S.-listed shares of Autoliv Inc. ALV, +0.17% fell 0.6% in premarket trading Friday, after the Sweden-based auto safety systems maker reported third-quarter adjusted profit that was half of last year's and missed expectations, as shortages of semiconductor supplies and other components led to a 20% drop in light vehicle production (LVP). Net income fell to $60 million, or 68 cents a share, from $99 million, or $1.12 a share, in the year-ago period.
Autoliv (NYSE:ALV) is set to give its latest quarterly earnings report on Friday, 2021-10-22. Here's what investors need to know before the announcement.
Autoliv, Inc. (ALV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.