Visteon (VC) Tops Q1 EPS by 48c

Visteon (NYSE: VC) reported Q1 EPS of $1.91, $0.48 better than the analyst estimate of $1.43. Revenue for the quarter came in at $810 million versus the consensus estimate of $802.93 million.

• Delivered strong financial performance
  • Record electronics sales of $810 million
  • Record electronics adjusted EBITDA of $101 million
  • Net income of $63 million
• Awarded $1.5 billion in new business
  • Infotainment represents largest share
  • Third SmartCore™ award – first in China
  • Record $16.7 billion order backlog
• Executed $125 million share repurchase

For earnings history and earnings-related data on Visteon (VC) click here.

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