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Sohini Mondal

Earnings Preview: What to Expect From Aptiv's Report

Aptiv APTV

Based in Dublin, Ireland, Aptiv PLC (APTV), a global leader in the automotive sector with a market cap of $19.7 billion, designs and manufactures vehicle components and provides advanced electrical, electronic, and safety technology solutions. The company is expected to announce its fiscal Q2 earnings results before the market opens on Thursday, Aug. 1.

Ahead of this event, analysts expect the auto parts supplier to report a profit of $1.39 per share, up 11.2% from $1.25 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in each of the last four quarterly reports. The company reported EPS of $1.16 in the most recent quarter, exceeding the consensus estimate by a solid 10.5% margin due to demand for Aptiv's modern safety equipment.

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