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Lear Corp (LEA.N)

LEA.N on New York Stock Exchange

199.41USD
21 Jun 2018
Change (% chg)

$-1.94 (-0.96%)
Prev Close
$201.35
Open
$200.57
Day's High
$200.57
Day's Low
$198.85
Volume
9,087
Avg. Vol
176,270
52-wk High
$206.32
52-wk Low
$135.62

Latest Key Developments (Source: Significant Developments)

Lear Reports Q1 Earnings Per Share $5.16
Thursday, 26 Apr 2018 

April 26 (Reuters) - Lear Corp ::LEAR REPORTS RECORD FIRST QUARTER 2018 RESULTS AND INCREASES FULL YEAR FINANCIAL OUTLOOK.Q1 SALES $5.7 BILLION VERSUS I/B/E/S VIEW $5.45 BILLION.Q1 ADJUSTED EARNINGS PER SHARE $5.10.Q1 EARNINGS PER SHARE $5.16.SEES FY 2018 SALES $21.8 BILLION TO $22 BILLION.Q1 EARNINGS PER SHARE VIEW $4.91 -- THOMSON REUTERS I/B/E/S.SEES FULL YEAR 2018 CORE OPERATING EARNINGS ARE NOW EXPECTED TO BE IN RANGE OF $1,790 MILLION TO $1,810 MILLION.SEES FULL YEAR 2018 PRETAX OPERATIONAL RESTRUCTURING COSTS ARE ESTIMATED TO BE $70 MILLION.SEES FULL YEAR 2018 CAPITAL EXPENDITURES ARE EXPECTED TO BE $660 MILLION, AND DEPRECIATION AND AMORTIZATION EXPENSE IS ESTIMATED TO BE $500 MILLION.FY2018 REVENUE VIEW $21.93 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Lear To Acquire Exo Technologies
Monday, 11 Dec 2017 

Dec 11 (Reuters) - Lear Corp ::LEAR TO ACQUIRE EXO TECHNOLOGIES, A DEVELOPER OF GPS TECHNOLOGY FOR AUTONOMOUS AND CONNECTED VEHICLE APPLICATIONS.LEAR CORP - FINANCIAL TERMS OF TRANSACTION WERE NOT DISCLOSED..  Full Article

CEO Matt Simoncini to retire on February 28, 2018​
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Lear Corp -:Lear president and CEO Matt Simoncini announces retirement date.Lear Corp - ‍Matt Simoncini has elected to retire as president, CEO and a director of Lear Corporation effective February 28, 2018​.Lear - ‍upon Simoncini's retirement, Ray Scott will be appointed president and chief executive officer as well as member of Lear's board of directors​.  Full Article

Norges Bank reports a 5.11 percent passive stake in Lear Corp as of Oct 26
Friday, 27 Oct 2017 

Oct 27 (Reuters) - Norges Bank :Norges Bank reports a 5.11 percent passive stake in Lear Corp as of October 26, 2017 - SEC filing‍​.  Full Article

Lear says Q3 adjusted earnings per share $3.96
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Lear Corp -:Lear reports record third quarter 2017 results and increases full year financial outlook.Q3 sales $5.0 billion versus I/B/E/S view $4.84 billion.Q3 adjusted earnings per share $3.96.Sees FY 2017 sales about $20.4 billion.Q3 earnings per share view $3.74 -- Thomson Reuters I/B/E/S.Lear Corp - ‍free cash flow is expected to be approximately $1,150 million in 2017​.Lear Corp - ‍core operating earnings are expected to be about $1,700 million​ in 2017.FY2017 earnings per share view $16.60, revenue view $20.07 billion -- Thomson Reuters I/B/E/S.Lear Corp - ‍net cash provided by operating activities is estimated to be $1,735 million​ in 2017.Lear Corp - sees ‍capital expenditures of $585 million and depreciation and amortization expense to be about $420 million for FY 2017​.  Full Article

Unifor says members at Lear Corp in Whitby ratified new collective agreement on May 7
Tuesday, 9 May 2017 

May 9 (Reuters) - Unifor::Unifor members at Lear Corporation in Whitby ratified a new collective agreement on May 7.Ratification of new collective agreement secures assembly of GM Oshawa K2XX truck seats starting January 2018.  Full Article

Lear qtrly adjusted earnings per share $3.66
Thursday, 28 Jul 2016 

Lear Corp : Lear corp qtrly adjusted earnings per share $3.66 . Lear corp sees sales in 2016 are expected to be in range of $18.5 billion to $18.8 billion . Lear corp sees fy core operating earnings are expected to be in range of $1.45 billion to $1.50 billion . Fy2016 revenue view $18.88 billion -- Thomson Reuters I/B/E/S . Lear reports record second quarter 2016 results and increases full year outlook . Q2 earnings per share $3.82 . Sees fy 2016 sales $18.5 billion to $18.8 billion .Q2 earnings per share view $3.32 -- Thomson Reuters I/B/E/S.  Full Article

Qualcomm, Lear sign commercial wireless electric vehicle charging license agreement
Wednesday, 27 Jul 2016 

Qualcomm Inc , Lear Corp : Lear will be including Qualcomm Halo WEVC technology in its product portfolio . Qualcomm and Lear Corp sign commercial wireless electric vehicle charging license agreement .Has granted Lear a royalty bearing license to develop, make and supply WEVC systems based on Qualcomm Halo technology.  Full Article

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Trump threat of auto tariffs opposed by auto industry, Republicans

President Donald Trump's threat to impose tariffs on auto imports drew strong criticism abroad and at home where U.S. business groups and members of his own Republican Party warned of damage to the industry and raised the prospect of a global trade war that would harm American interests. | Video