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Autoliv (ALV)
NYSE:ALV
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Earnings Data
Report Date
Jan 31, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$2.89Last Year’s EPS
$3.74Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 18, 2024
|% Change Since: -1.43%
|Next Earnings Date:Jan 31, 2025
Earnings Call Sentiment|Neutral
The earnings call reveals a balanced outlook with significant achievements such as outperforming light vehicle production and strong shareholder returns, juxtaposed with challenges like declining global light vehicle production and negative regional mix impacts. Supplier settlement costs and decreased cash flow further weigh on the results.Company Guidance
During Autoliv's Q3 2024 earnings call, the company provided detailed guidance on several key metrics. The adjusted operating margin is projected to be at the low end of the 9.5% to 10% range for the year, with an operating cash flow target of USD 1.1 billion. Despite a 2% year-over-year decrease in net sales to USD 2.6 billion, the adjusted operating income slightly decreased to USD 237 million. Autoliv also reported an 11% improvement in earnings per share, bolstered by share repurchases totaling 1.3 million shares worth USD 430 million. The company anticipates strong cash flow to sustain high shareholder returns, even as global light vehicle production is expected to decline by around 3% for the full year. Autoliv emphasized its strategic focus on cost reductions, targeting USD 50 million in savings through workforce reductions and maintaining robust financial health to support further shareholder returns.Outpacing Light Vehicle Production
Autoliv managed to outpace light vehicle production by 4 percentage points despite challenging market conditions.
Strong Shareholder Returns
Repurchased and retired 1.3 million shares amounting to $430 million; total repurchase over 10% of outstanding shares for USD 970 million.
Growth in Chinese OEM Market
Sales to Chinese OEMs increased by 18%, more than twice the market growth of 8.5%.
Positive Earnings Per Share Growth
Earnings per share improved 11%, primarily due to a lower number of outstanding shares and a lower tax rate.
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ALV Earnings History
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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ALV Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 18, 2024 | $93.23 | $98.82 | +6.00% |
| Jul 19, 2024 | $107.08 | $96.32 | -10.05% |
| Apr 26, 2024 | $113.64 | $119.96 | +5.56% |
| Jan 26, 2024 | $101.04 | $103.92 | +2.85% |
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 Autoliv (ALV) report earnings?
Autoliv (ALV) is schdueled to report earning on Jan 31, 2025, TBA Not Confirmed.
What is Autoliv (ALV) earnings time?
Autoliv (ALV) earnings time is at Jan 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALV EPS forecast?
ALV EPS forecast for the fiscal quarter 2024 (Q4) is $2.89.
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