Autoliv's operating margin is expected to expand to the low-teens percentage level and 12% for Q4 2024 and the intermediate term, respectively. ALV's market share for the Chinese OEM segment expanded from 20% three years ago to 30% now, and the prospects for the Chinese OEM segment are favorable due to expectations of growing safety content. I upgrade my rating for Autoliv to a Buy, taking into consideration the company's China growth outlook and profitability improvement prospects.
Although the revenue and EPS for Autoliv (ALV) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Autoliv, Inc. (ALV) came out with quarterly earnings of $1.84 per share, missing the Zacks Consensus Estimate of $2 per share. This compares to earnings of $1.66 per share a year ago.
Beyond analysts' top -and-bottom-line estimates for Autoliv (ALV), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended September 2024.
Autoliv (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.
Electric vehicles are still the industry's future, and it's healthy that growth expectations have been somewhat pared back. ON Semiconductor is well positioned in numerous exciting end markets.
Autoliv, Inc. missed top- and bottom-line estimates, leading to a significant share price decline. Despite declining sales, the firm has improved profitability through cost reduction measures and is expected to continue expanding operating margins. ALV's stock is attractively valued based on traditional price multiples, with a commitment to returning value to shareholders through dividends and share buybacks.
Autoliv's results miss and the downward revision in guidance have negative read-throughs for the company's full-year 2024 financial performance. However, there is the potential to achieve better results in 2025 and beyond, assuming that ALV's efforts relating to cost management and sales mix optimization in China are successful. My Hold rating for Autoliv is retained after evaluating the company's short-term and medium-term prospects in view of recent disclosures.
Autoliv (ALV) reports lower-than-expected second-quarter results and expects full-year 2024 organic sales growth of around 2%, down from the earlier expectation of 5%.
Autoliv, Inc ALV reported worse-than-expected second-quarter financial results and lowered the outlook on Friday.
Shares of Autoliv (ALV) sank Friday as the world's largest maker of seatbelts and airbags for cars and trucks posted worse-than-expected results and slashed its guidance because of a slowdown in auto sales.
While the top- and bottom-line numbers for Autoliv (ALV) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.