Dana Incorporated (DAN) Q2 2024 Earnings Call Transcript
Dana Incorporated (NYSE:DAN ) Q2 2024 Earnings Conference Call July 31, 2024 9:00 AM ET Company Participants Craig Barber - Senior Director, IR and Corporate Communications James Kamsickas - Chairman and CEO Timothy Kraus - SVP and CFO Conference Call Participants Colin Langan - Wells Fargo Tom Narayan - RBC Dan Levy - Barclays Joseph Spak - UBS Jake Scholl - BNP Paribas Operator Good morning and welcome. Dana Incorporated's Second Quarter 2024 Financial Webcast and Conference Call.
Dana (DAN) Q2 Earnings and Revenues Beat Estimates
Dana (DAN) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.37 per share a year ago.
Here's how much Peloton stock is down since Dana White's boycott
Since Dana White, the CEO of one of the biggest sports brands in the world, the Ultimate Fighting Championship (UFC), decided to throw out all Peloton bikes from his training facilities last year, Peloton (NASDAQ: PTON) stock has been struggling to return to its former glory.
5 Broker-Loved Stocks to Keep a Tab On as Inflation Cools
Investors would do well to monitor stocks like American Axle (AXL), Dana (DAN), AMC Entertainment (AMC), Centene (CNC) and Archer Daniels (ADM) for higher returns.
Dana Incorporated: Patience Should Be Well Rewarded
Dana Incorporated's share price has underperformed the broader market, but the company's revenue and cash flows have been generally positive. The company's revenue increased by 3.9% in the last fiscal year, driven by organic growth in Europe and light truck and medium/heavy truck production. Despite some weaknesses in profitability, management remains optimistic about the company's future and expects revenue and EBITDA to increase in the next fiscal year.
