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Barchart
Kritika Sarmah

BorgWarner's Q2 2024 Earnings: What to Expect

BorgWarner BWA

With a market cap of $7.4 billion, Michigan-based BorgWarner Inc. (BWA) is a global leader in clean and efficient technology solutions for combustion, hybrid, and electric vehicles. The company produces and sells products such as four-wheel-drive and all-wheel-drive transfer cases, automatic transmission, and timing chain systems, primarily to OEMs of passenger cars, SUVs, trucks, and commercial transportation products. BWA is scheduled to release its fiscal 2024 Q2 earnings results on Wednesday, Jul. 31.

Ahead of the event, analysts expect BorgWarner to report a profit of $1 per share, down 25.9% from $1.35 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in three of the last four quarters while missing on one occasion.

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