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Lear Corp (LEA.N)

LEA.N on New York Stock Exchange

147.58USD
26 May 2017
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$2.62 (+1.81%)
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Latest Key Developments (Source: Significant Developments)

Lear reports Q1 adjusted earnings per share $4.27
Wednesday, 26 Apr 2017 07:00am EDT 

April 26 (Reuters) - Lear Corp :Lear reports record first quarter 2017 results.Q1 adjusted earnings per share $4.27.Q1 earnings per share $4.35.Q1 sales $5.0 billion versus I/B/E/S view $4.91 billion.Q1 earnings per share view $3.92 -- Thomson Reuters I/B/E/S.Sees FY 2017 sales about $19.5 billion.Says 2017 financial outlook is unchanged from prior outlook.  Full Article

Lear CEO Matthew Simoncini's FY 2016 total compensation was $14.4 mln vs $13.6 mln in FY 2015
Friday, 31 Mar 2017 05:39pm EDT 

Lear Corp :CEO Matthew Simoncini's FY 2016 total compensation was $14.4 million versus $13.6 million in FY 2015 - sec filing.  Full Article

Lear selected by Wyoming Department Of Transportation for connected vehicle pilot program
Monday, 20 Mar 2017 09:11am EDT 

Lear Corp :Lear Corporation selected by Wyoming department of transportation for connected vehicle pilot program.  Full Article

Lear increases share repurchase authorization to $1 billion
Monday, 13 Feb 2017 07:00am EST 

Lear Corp : Lear increases share repurchase authorization to $1 billion and increases quarterly cash dividend from $0.30 to $0.50 per share . Lear Corp - board increased by 67% quarterly cash dividend on company's common stock from $0.30 per share to $0.50 per share .Lear Corp - at end of 2016, Lear had $341 million remaining on its share repurchase authorization.  Full Article

Lear signs definitive agreement to acquire Grupo Antolin's automotive seating business
Monday, 6 Feb 2017 03:31am EST 

Lear Corp : Lear signs definitive agreement to acquire grupo antolin's automotive seating business . Says expects transaction to be accretive to 2017 earnings per share upon closing . Says transaction is valued at 286 million euros on a cash and debt free basis .Says intends to fund transaction with cash on hand.  Full Article

Lear reports record 2016 results
Thursday, 26 Jan 2017 07:00am EST 

Lear Corp : Lear Corp sees sales in 2017 are expected to be approximately $19.5 billion . Lear Corp sees 2017 capital spending $550 million . Lear reports record 2016 results . Lear Corp - 2017 financial outlook is based on industry vehicle production assumptions of 17.6 million units in North America, down 2% from prior year . Q4 earnings per share $3.24 . Q4 earnings per share view $3.44 -- Thomson Reuters I/B/E/S . Sees FY 2017 sales about $19.5 billion . Lear Corp - 2017 financial outlook is based on industry vehicle production assumptions of 26.3 million units in China, up 3% from prior year . Lear Corp - Pretax operational restructuring costs are estimated to be $65 million in 2017 . Lear Corp sees 2017 adjusted net income approximately $1.1 billion .FY2017 revenue view $19.38 billion -- Thomson Reuters I/B/E/S.  Full Article

Lear qtrly adjusted earnings per share $3.66
Thursday, 28 Jul 2016 07:24am EDT 

Lear Corp : Lear corp qtrly adjusted earnings per share $3.66 . Lear corp sees sales in 2016 are expected to be in range of $18.5 billion to $18.8 billion . Lear corp sees fy core operating earnings are expected to be in range of $1.45 billion to $1.50 billion . Fy2016 revenue view $18.88 billion -- Thomson Reuters I/B/E/S . Lear reports record second quarter 2016 results and increases full year outlook . Q2 earnings per share $3.82 . Sees fy 2016 sales $18.5 billion to $18.8 billion .Q2 earnings per share view $3.32 -- Thomson Reuters I/B/E/S.  Full Article

Qualcomm, Lear sign commercial wireless electric vehicle charging license agreement
Wednesday, 27 Jul 2016 07:30am EDT 

Qualcomm Inc , Lear Corp : Lear will be including Qualcomm Halo WEVC technology in its product portfolio . Qualcomm and Lear Corp sign commercial wireless electric vehicle charging license agreement .Has granted Lear a royalty bearing license to develop, make and supply WEVC systems based on Qualcomm Halo technology.  Full Article

Lear Corp increases share repurchase authorization to $1 billion and increases cash dividend by 20%
Friday, 12 Feb 2016 04:05pm EST 

Lear Corp:Board of Directors has authorized an increase in the Company's share repurchase authorization to $1 billion while maintaining the authorization period until December 31, 2017.In addition, the Board increased by 20% the quarterly cash dividend on the Company's common stock from $0.25 per share to $0.30 per share.Dividend is payable on March 23 to shareholders of record date as on March 2.  Full Article

Lear Corp reaffirms FY 2016 guidance
Thursday, 28 Jan 2016 07:01am EST 

Lear Corp:Says FY 2016 financial outlook is unchanged.Expects FY 2016 sales to be in the range of $18.5 billion to $19.0 billion, and core operating earnings are expected to be in the range of $1.35 to $1.40 billion.  Full Article

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