Aptiv's Q4 Earnings Beat Estimates, Increase Year Over Year

Aptiv PLC APTV reported mixed fourth-quarter 2024 results, with earnings beating the Zacks Consensus Estimate but revenues missing the same.Adjusted earnings of $1.75 per share beat the Zacks Consensus Estimate by 5.4% and increased 25% year over year. Revenues of $4.9 billion missed the Zacks Consensus Estimate by a slight margin and decreased slightly year over year.The company’s adjusted revenues declined 1% year over year. Adjusted revenues declined 8% in Europe and stayed flat in South America. They grew 3% in North America and 3% in Asia, including a 4% growth in China.Aptiv PLC Price, Consensus and EPS Surprise Aptiv PLC price-consensus-eps-surprise-chart | Aptiv PLC QuoteOther Quarterly Numbers for APTVSignal and Power Solutions’ revenues of $3.5 billion declined 1% year over year. The Advanced Safety and User Experience segment’s revenues increased 2% year over year to $1.4 billion.Adjusted operating income was $623 million, up 3.8% from the figure reported in the year-ago quarter. Adjusted operating income margin was 12.2%, up 50 basis points year over year.Aptiv exited the quarter with a cash and cash equivalent balance of $1.6 billion compared with the prior quarter’s $1.1 billion. Long-term debt was $7.8 billion compared with $8.3 billion in the previous quarter.Total available liquidity at the end of the quarter was $3.6 billion compared with $3.9 billion recorded at the end of the prior quarter. The company generated $1.1 billion in cash from operating activities in the quarter.APTV’s OutlookFor the first quarter of 2025, Aptiv expects revenues to be between $4.635 billion and $4.835 billion, lower than the current Zacks Consensus Estimate of $4.88 billion. Adjusted EPS is expected to be between $1.4 and $1.6, lower than the current Zacks Consensus Estimate of $1.66. Adjusted operating income margin is anticipated between 10.7% and 11.3%. Adjusted EBITDA margin is expected between 14.8% and 15.2%.For 2025, Aptiv expects revenues to be between $19.6 billion and $20.4 billion, the midpoint ($20 million) of which is higher than the current Zacks Consensus Estimate of $19.69 billion. Adjusted EPS is expected to be between $7 and $7.6. The midpoint ($7.3) is higher than the current Zacks Consensus Estimate of $6.18. Adjusted operating income margin is anticipated between 11.9% and 12.3%. Capital expenditure is expected to be $880 million. Adjusted EBITDA margin is expected between 15.8% and 16.1%. The adjusted effective tax rate is expected to be around 17.5%.Currently, Aptiv carries a Zacks Rank #3 (Hold).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Earnings SnapshotsGartner, Inc. IT reported better-than-expected fourth-quarter 2024 results.IT’s adjusted earnings per share of $5.6 beat the Zacks Consensus Estimate by 69.3% and increased 79.3% from the year-ago quarter. Revenues of $1.7 billion surpassed the consensus estimate by 1.8% and improved 8.2% year over year.Broadridge Financial Solutions, Inc. BR posted impressive second-quarter fiscal 2025 results.BR’s adjusted earnings of $1.6 per share outpaced the consensus mark by 12.2% and surged 69.6% from the year-ago quarter. Total revenues of $1.6 billion surpassed the consensus mark by 3% and rose 12.8% year over year.WM WM reported mixed fourth-quarter 2024 results.WM’s quarterly adjusted earnings of $1.7 per share missed the consensus mark by 5% and declined 2.3% year over year. Total revenues of $5.9 billion surpassed the consensus mark by a slight margin and grew 13% from the year-ago quarter.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.3% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Broadridge Financial Solutions, Inc. (BR): Free Stock Analysis Report Waste Management, Inc. (WM): Free Stock Analysis Report Gartner, Inc. (IT): Free Stock Analysis Report Aptiv PLC (APTV): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks