Why Dana Shares Are Trading Lower Today
Dana Inc (NYSE:DAN) reported fourth-quarter FY21 sales growth of 7.7% year-on-year, to $2.27 billion, beating the consensus of $2.17 billion. Customer demand in heavy-vehicle markets and the recovery of commodity cost inflation drove the revenue growth. Sales from Light Vehicle fell 0.6% Y/Y to $974 million, Commercial Vehicle increased 20.1% to $400 million,…
Benzinga ·
Benzinga
