Dana (NYSE:DAN) reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Dana beat estimated earnings by 23.08%, reporting an EPS of $0.16 versus an estimate of $0.13.
Revenue was up $217.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.21 which was followed by a 1.8% drop in the share price the next day.
Here's a look at Dana's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.21 | 0.48 | 0.53 | 0.47 |
| EPS Actual | 0 | 0.41 | 0.59 | 0.66 |
| Revenue Estimate | 2.17B | 2.09B | 2.11B | 2.01B |
| Revenue Actual | 2.27B | 2.20B | 2.21B | 2.26B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Dana management provided guidance for FY 2022, expecting earnings between $1.05 and $1.55 per share.
To track all earnings releases for Dana visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
