Aptiv reports Q3 EPS $1.30, consensus $1.23

Reports Q3 revenue $5.11B, consensus $5.08B. “Building off the momentum of a strong first half, Aptiv delivered another solid quarter of financial results,” said Kevin Clark, chairman and chief executive officer. “The automotive industry is on a clear path towards the fully electrified, software-defined vehicle, and Aptiv is uniquely positioned to enable this transformation. We have successfully leveraged our full system-level capabilities to provide customers with solutions that deliver better performance and greater flexibility, all at lower cost, as reflected in our record year-to-date new business awards of $27 billion. Our solutions and capabilities, combined with a relentless focus on execution and operational excellence, will continue to drive a more resilient and profitable business.”