Dana Holdings (DAN) Tops Q4 EPS by 19c

Dana Holdings (NYSE: DAN) reported Q4 EPS of $0.59, $0.19 better than the analyst estimate of $0.40. Revenue for the quarter came in at $1.45 billion versus the consensus estimate of $1.4 billion.

GUIDANCE:

Dana Holdings sees FY2017 EPS of $1.60-$1.80, versus the consensus of $1.86. Dana Holdings sees FY2017 revenue of $6.2-6.4 billion, versus the consensus of $6.08 billion.

"Dana had an excellent 2016 as the team executed our plan very effectively. We successfully launched multiple customer vehicle programs and improved our profitability through cost performance, despite having to overcome significant weakness in certain key end markets," said James Kamsickas, Dana president and chief executive officer. "Our core business continues to expand while we have efficiently grown inorganically by acquiring businesses that align with our enterprise strategy."

For earnings history and earnings-related data on Dana Holdings (DAN) click here.

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