Dana reports Q4 adjusted EPS 25c, consensus 9c

Reports Q4 revenue $2.34B, consensus $2.33B. “Our 2024 results reflect the initial improvements we’ve implemented to streamline our cost structure, and we anticipate even greater progress in 2025,” said R. Bruce McDonald, Dana (DAN) chairman and chief executive officer. “Dana continues to execute on our strategy and position the company for profitable growth and value creation. Our cost-savings actions are proceeding on schedule with over $100 million run-rate savings in place, and we are well on our way to our 2026 target of $300 million. Our 2025 outlook reflects accelerating savings and lower capital expenditures. We are confident that improving free cash flow generation will continue to create significant value for shareholders.”