DAN faces EV weakness, lower China JV earnings and integration risks, while higher spending pressures EPS and free cash flow.
Dana NYSE: DAN President and CEO Byron Foster said the company's second-quarter performance reflected continued progress on cost reductions, manufacturing efficiency and portfolio initiatives, while the planned combination with Eaton Mobility is expected to expand its commercial-vehicle and aftermarket presence.
DAN shares jump 10% as cost savings, stronger sales and higher 2026 forecasts outweigh a quarterly earnings miss and lower profit outlook.
Dana NYSE: DAN reported higher second-quarter sales, earnings and cash flow, citing pricing actions, cost savings, favorable mix and improving commercial-vehicle demand. The company also raised its full-year outlook and said it would resume share repurchases before the expected close of its Eaton Mobility transaction in the first quarter of 2027.
Dana Incorporated (DAN) Q2 2026 Earnings Call Transcript
UFC CEO Dana White has spent a year and a half watching Mark Zuckerberg operate from inside the boardroom, and his read on the man running Meta Platforms (NASDAQ:META | META Price Prediction) is worth noting.
Dana Incorporated (DAN) M&A Call Transcript
Dana said it has agreed to combine with Eaton's Mobility business in a $5.1 billion deal that would create a more comprehensive supplier serving commercial- and light-vehicle markets.
Dana Incorporated (DAN) Q1 2026 Earnings Call Transcript
Dana Incorporated remains a buy as margin expansion, balance sheet repair, and diversified growth drivers are now evident in results. Post-off-highway divestiture, DAN's net leverage is expected to stay below 1x through 2026, supporting financial flexibility. Margin improvement is visible, with FY2025 adj. EBITDA margin at 8.1% and Q4 2024 reaching 11.1%, driven by cost initiatives.
I maintain my "Buy" rating for Dana, following my assessment of its Capital Markets Day disclosures. DAN aims to outpace the North American commercial vehicle market by 600bps annually and also expand into defense and powersport segments for incremental growth. It is also targeting 4ppts of EBITDA margin improvement over the next few years via SKU rationalization and a greater focus on the high-return aftermarket business.
Dana Incorporated (DAN) Analyst/Investor Day Transcript