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BorgWarner Inc (BWA.N)

BWA.N on New York Stock Exchange

45.09USD
22 Jun 2018
Change (% chg)

$-0.85 (-1.85%)
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Latest Key Developments (Source: Significant Developments)

Borgwarner Appoints Frederic Lissalde CEO
Thursday, 7 Jun 2018 

June 7 (Reuters) - BorgWarner Inc ::BORGWARNER APPOINTS FREDERIC LISSALDE CHIEF EXECUTIVE OFFICER.SAYS CEO AND PRESIDENT JAMES VERRIER RESIGNED.APPOINTS FREDERIC LISSALDE CHIEF EXECUTIVE OFFICER.  Full Article

BorgWarner Q1 Earnings Per Share $1.10 Excluding Items
Thursday, 26 Apr 2018 

April 26 (Reuters) - BorgWarner Inc ::BORGWARNER REPORTS FIRST QUARTER 2018 U.S. GAAP NET EARNINGS OF $1.07 PER DILUTED SHARE, OR $1.10 PER DILUTED SHARE EXCLUDING NON-COMPARABLE ITEMS.Q1 EARNINGS PER SHARE $1.10 EXCLUDING ITEMS.Q1 GAAP EARNINGS PER SHARE $1.07.Q1 SALES $2.784 BILLION VERSUS I/B/E/S VIEW $2.64 BILLION.SEES Q2 2018 EARNINGS PER SHARE $1.09 TO $1.11.SEES FY 2018 SALES $10.77 BILLION TO $10.94 BILLION.Q1 EARNINGS PER SHARE VIEW $1.03 -- THOMSON REUTERS I/B/E/S.REAFFIRMED ITS 2018 FULL YEAR ORGANIC GROWTH GUIDANCE.EXPECTS SECOND QUARTER 2018 ORGANIC NET SALES GROWTH OF 7.0% TO 9.0%.FOREIGN CURRENCIES ARE EXPECTED TO INCREASE SALES BY $125 MILLION IN Q2 2018.2018 NET EARNINGS ARE NOW EXPECTED TO BE WITHIN A RANGE OF $4.30 TO $4.40.FY2018 EARNINGS PER SHARE VIEW $4.37, REVENUE VIEW $10.71 BILLION -- THOMSON REUTERS I/B/E/S.Q2 REVENUE VIEW $2.67 BILLION -- THOMSON REUTERS I/B/E/S.Q2 EARNINGS PER SHARE VIEW $1.11 -- THOMSON REUTERS I/B/E/S.FOREIGN CURRENCIES ARE EXPECTED TO INCREASE 2018 SALES BY $405 MILLION, DUE TO APPRECIATION OF EURO AND CHINESE YUAN.  Full Article

Borgwarner Sets Quarterly Cash Dividend Of $0.17 Per Share
Thursday, 26 Apr 2018 

April 26 (Reuters) - BorgWarner Inc ::SETS QUARTERLY CASH DIVIDEND OF $0.17 PER SHARE.  Full Article

Borgwarner Updates 2020 Revenue Outlook To $11.5 Bln - $11.8 Bln, Supporting A 5 pct-7 pct Organic Growth Over Next Three Years
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Borgwarner Inc ::BORGWARNER UPDATES 2020 REVENUE OUTLOOK TO $11.5 BILLION - $11.8 BILLION, SUPPORTING A 5% TO 7% ORGANIC GROWTH OVER THE NEXT THREE YEARS.SEES FY 2018 EARNINGS PER SHARE $4.15 TO $4.25.SEES FY 2020 REVENUE $11.5 BILLION TO $11.8 BILLION.SEES FY 2018 SALES UP 5 TO 7 PERCENT.SEES FY 2018 SALES $10.4 BILLION TO $10.6 BILLION.- ‍EXPECTS ITS NET NEW BUSINESS BACKLOG TO DRIVE A COMPOUND ANNUAL ORGANIC GROWTH RATE OF 5.0% - 7.0% FROM 2017 THROUGH 2020​.SEES ‍ Q1 2018 ORGANIC NET SALES GROWTH OF 3.0% TO 5.5% COMPARED WITH Q1 2017 NET SALES OF $2.41 BILLION​.- SEES Q1 2018 NET EARNINGS OF $0.97 TO $1.01 PER DILUTED SHARE.- SEES SHARE REPURCHASES OF APPROXIMATELY $100 MILLION IN 2018.- ‍ FOREIGN CURRENCIES ARE EXPECTED TO INCREASE SALES IN Q1 2018 BY $70 MILLION, OR +2.9%​.Q1 EARNINGS PER SHARE VIEW $1.04, REVENUE VIEW $2.65 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $4.19, REVENUE VIEW $10.34 BILLION -- THOMSON REUTERS I/B/E/S.BORGWARNER - SEES FY 2018 FOREIGN CURRENCIES ARE EXPECTED TO INCREASE SALES BY $75 MILLION, PRIMARILY DUE TO APPRECIATION OF EURO.BORGWARNER SEES ‍FOR FULL YEAR 2018 FREE CASH FLOW WITHIN A RANGE OF $500 MILLION TO $550 MILLION​.  Full Article

Borgwarner says ‍board declared a 21 pct increase in quarterly cash dividend to $0.17 per share of common stock​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Borgwarner Inc :Borgwarner Inc says ‍board declared a 21% increase in quarterly cash dividend to $0.17 per share of common stock​.  Full Article

Borgwarner Q3 earnings per share view $0.88 -- thomson reuters i/b/e/s
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Borgwarner Inc :Borgwarner reports third quarter 2017 U.S. GAAP net earnings of $0.88 per diluted share, or $0.95 per diluted share excluding non-comparable items.Q3 earnings per share $0.95 excluding items.Q3 gaap earnings per share $0.88.Q3 sales $2.416 billion versus I/B/E/S view $2.26 billion.Q3 earnings per share view $0.88 -- Thomson Reuters I/B/E/S.Sees Q4 2017 earnings per share $0.99 to $1.01.Borgwarner Inc sees ‍full year 2017 net sales expected to be $9.67 billion - $9.70 billion​.Says for Q4 2017, ‍foreign currencies are expected to increase sales by approximately $85 million​.Borgwarner Inc - sees full year 2017 ‍net earnings to be within a range of $3.81 to $3.83 per diluted share​.  Full Article

BorgWarner Q2 earnings per share $0.76
Thursday, 28 Jul 2016 

BorgWarner Inc : Sees FY 2016 earnings per share $3.16 to $3.32 . BorgWarner reports second quarter 2016 U.S. GAAP net earnings of $0.76 per diluted share, or $0.84 per diluted share excluding non-comparable items . Q2 GAAP earnings per share $0.76 . Q2 sales $2.329 billion versus I/B/E/S view $2.33 billion . Q2 earnings per share view $0.81 -- Thomson Reuters I/B/E/S . Sees Q3 2016 earnings per share $0.74 to $0.81 . Q2 earnings per share $0.84 excluding items . Narrows full year guidance to high end of previous range . Q3 2016 net sales growth is expected to be within a range of 13.0% to 20.8% compared with Q3 2015 . 2016 net sales growth is now expected to be within a range of 13.7% to 17.5% compared with 2015 . Excluding impact of foreign currencies and Remy acquisition, 2016 net sales growth now expected to be within a range of 3.0% to 5.5%. . 2016 net earnings are now expected to be within a range of $3.16 to $3.32 per diluted share . Q3 earnings per share view $0.77, revenue view $2.18 billion -- Thomson Reuters I/B/E/S .FY2016 earnings per share view $3.23, revenue view $9.11 billion -- Thomson Reuters I/B/E/S.  Full Article

Borgwarner sets quarterly cash dividend of $0.13/shr
Tuesday, 26 Jul 2016 

Borgwarner Inc :Sets quarterly cash dividend of $0.13per share.  Full Article

BorgWarner to restate certain financial statements

U.S. auto parts makers BorgWarner Inc said on Friday it would restate its financial statements for fiscal years 2015 and 2016 to re-evaluate accounting of its asbestos-related charges.