The earnings call reflected a challenging environment with lower sales and demand across various segments. However, Dana's focus on efficiency improvements and profit margin expansion, along with notable recognition for innovation, provided some positive aspects. The overall sentiment is mixed, with significant challenges offsetting the operational achievements.
Company Guidance
During the third quarter of 2024 earnings call for Dana Incorporated, the company provided detailed guidance for the remainder of the year. Dana expects full-year sales to be approximately $10.3 billion, with adjusted EBITDA projected at $875 million, representing a 50 basis point margin improvement over the previous year. This guidance reflects a reduction in sales expectations due to decreased demand for both traditional and electric vehicles across various markets. Despite the challenging environment, Dana achieved a 30 basis point increase in adjusted EBITDA margin to 9.4% for the quarter, driven by cost efficiencies and improved operational execution. The company maintained its full-year free cash flow guidance at $100 million, indicating strong cash management and capital spending adjustments in response to changing OEM vehicle development plans. Dana also highlighted its strategic focus on maintaining disciplined growth, leveraging synergies across end markets, and optimizing resources to meet evolving demand for internal combustion engine, plug-in hybrid, and electric vehicles.
Profit Margin Expansion
Dana achieved a 30 basis points profit margin expansion, delivering 9.4% in the third quarter despite reduced sales, attributed to outstanding operating and business system execution.
Efficiency Improvements
The company achieved company-wide efficiency improvements, resulting in increased profit margin despite softening demand.
Recognition for Innovation
Dana's hybrid speed dual-clutch transmission was selected as an Automotive News PACE Award finalist for 2025, showcasing its advanced capabilities in hybrid vehicle technology.
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Dana Holding (DAN) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DAN Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Oct 30, 2024
$10.02
$8.29
-17.27%
Jul 31, 2024
$11.53
$12.45
+7.98%
Apr 30, 2024
$12.27
$12.08
-1.55%
Feb 20, 2024
$13.04
$12.01
-7.90%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Dana Holding (DAN) report earnings?
Dana Holding (DAN) is schdueled to report earning on Feb 13, 2025, TBA Not Confirmed.
What is Dana Holding (DAN) earnings time?
Dana Holding (DAN) earnings time is at Feb 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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