Lear (NYSE:LEA) reported its Q1 earnings results on Tuesday, May 3, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Lear beat estimated earnings by 14.65%, reporting an EPS of $1.8 versus an estimate of $1.57.
Revenue was down $147.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 0.58% increase in the share price the next day.
Here's a look at Lear's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.10 | 0.71 | 2.68 | 2.95 |
| EPS Actual | 1.22 | 0.53 | 2.45 | 3.73 |
| Revenue Estimate | 4.72B | 4.37B | 4.91B | 4.89B |
| Revenue Actual | 4.88B | 4.27B | 4.76B | 5.36B |
To track all earnings releases for Lear visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
