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BorgWarner Inc (BWA.N)

BWA.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

BorgWarner Reports Q3 Earnings Per Share $1.00 Excluding Items
Thursday, 25 Oct 2018 06:30am EDT 

Oct 25 (Reuters) - BorgWarner Inc ::BORGWARNER REPORTS THIRD QUARTER 2018 U.S. GAAP NET EARNINGS OF $0.98 PER DILUTED SHARE, OR $1.00 PER DILUTED SHARE EXCLUDING NON-COMPARABLE ITEMS.Q3 EARNINGS PER SHARE $1.00 EXCLUDING ITEMS.Q3 GAAP EARNINGS PER SHARE $0.98.Q3 SALES $2.479 BILLION VERSUS I/B/E/S VIEW $2.45 BILLION.Q3 EARNINGS PER SHARE VIEW $0.99 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 SALES $10.49 BILLION TO $10.58 BILLION.MAINTAINS FULL YEAR ORGANIC GROWTH AND EPS GUIDANCE.FY2018 EARNINGS PER SHARE VIEW $4.38, REVENUE VIEW $10.54 BILLION -- THOMSON REUTERS I/B/E/S.FULL YEAR NET SALES ARE EXPECTED TO BE IN RANGE OF $10.49 BILLION TO $10.58 BILLION.FOR 2018 FOREIGN CURRENCIES EXPECTED TO INCREASE SALES BY $192 MILLION, DUE TO APPRECIATION OF EURO AND CHINESE YUAN..ACQUISITION OF SEVCON WILL INCREASE SALES BY APPROXIMATELY $57 MILLION FOR 2018.  Full Article

Ronald Hundzinski, Chief Financial Officer, To Retire From Borgwarner
Friday, 19 Oct 2018 08:00am EDT 

Oct 19 (Reuters) - BorgWarner Inc ::RONALD T. HUNDZINSKI, CURRENT CHIEF FINANCIAL OFFICER, TO RETIRE FROM BORGWARNER.SAYS THOMAS J. MCGILL APPOINTED INTERIM CFO.SAYS CFO RONALD T. HUNDZINSKI TO RETIRE.BORGWARNER - INITIATED SEARCH PROCESS, WHICH INCLUDES HIRING AN EXTERNAL SEARCH FIRM, TO CONSIDER INTERNAL AND EXTERNAL CANDIDATES FOR CFO POSITION.  Full Article

Borgwarner Appoints Frederic Lissalde CEO
Thursday, 7 Jun 2018 08:00am EDT 

June 7 (Reuters) - BorgWarner Inc ::BORGWARNER APPOINTS FREDERIC LISSALDE CHIEF EXECUTIVE OFFICER.SAYS CEO AND PRESIDENT JAMES VERRIER RESIGNED.APPOINTS FREDERIC LISSALDE CHIEF EXECUTIVE OFFICER.  Full Article

BorgWarner Q1 Earnings Per Share $1.10 Excluding Items
Thursday, 26 Apr 2018 06:30am EDT 

April 26 (Reuters) - BorgWarner Inc ::BORGWARNER REPORTS FIRST QUARTER 2018 U.S. GAAP NET EARNINGS OF $1.07 PER DILUTED SHARE, OR $1.10 PER DILUTED SHARE EXCLUDING NON-COMPARABLE ITEMS.Q1 EARNINGS PER SHARE $1.10 EXCLUDING ITEMS.Q1 GAAP EARNINGS PER SHARE $1.07.Q1 SALES $2.784 BILLION VERSUS I/B/E/S VIEW $2.64 BILLION.SEES Q2 2018 EARNINGS PER SHARE $1.09 TO $1.11.SEES FY 2018 SALES $10.77 BILLION TO $10.94 BILLION.Q1 EARNINGS PER SHARE VIEW $1.03 -- THOMSON REUTERS I/B/E/S.REAFFIRMED ITS 2018 FULL YEAR ORGANIC GROWTH GUIDANCE.EXPECTS SECOND QUARTER 2018 ORGANIC NET SALES GROWTH OF 7.0% TO 9.0%.FOREIGN CURRENCIES ARE EXPECTED TO INCREASE SALES BY $125 MILLION IN Q2 2018.2018 NET EARNINGS ARE NOW EXPECTED TO BE WITHIN A RANGE OF $4.30 TO $4.40.FY2018 EARNINGS PER SHARE VIEW $4.37, REVENUE VIEW $10.71 BILLION -- THOMSON REUTERS I/B/E/S.Q2 REVENUE VIEW $2.67 BILLION -- THOMSON REUTERS I/B/E/S.Q2 EARNINGS PER SHARE VIEW $1.11 -- THOMSON REUTERS I/B/E/S.FOREIGN CURRENCIES ARE EXPECTED TO INCREASE 2018 SALES BY $405 MILLION, DUE TO APPRECIATION OF EURO AND CHINESE YUAN.  Full Article

Borgwarner Sets Quarterly Cash Dividend Of $0.17 Per Share
Thursday, 26 Apr 2018 06:30am EDT 

April 26 (Reuters) - BorgWarner Inc ::SETS QUARTERLY CASH DIVIDEND OF $0.17 PER SHARE.  Full Article

Borgwarner Updates 2020 Revenue Outlook To $11.5 Bln - $11.8 Bln, Supporting A 5 pct-7 pct Organic Growth Over Next Three Years
Wednesday, 17 Jan 2018 06:30am EST 

Jan 17 (Reuters) - Borgwarner Inc ::BORGWARNER UPDATES 2020 REVENUE OUTLOOK TO $11.5 BILLION - $11.8 BILLION, SUPPORTING A 5% TO 7% ORGANIC GROWTH OVER THE NEXT THREE YEARS.SEES FY 2018 EARNINGS PER SHARE $4.15 TO $4.25.SEES FY 2020 REVENUE $11.5 BILLION TO $11.8 BILLION.SEES FY 2018 SALES UP 5 TO 7 PERCENT.SEES FY 2018 SALES $10.4 BILLION TO $10.6 BILLION.- ‍EXPECTS ITS NET NEW BUSINESS BACKLOG TO DRIVE A COMPOUND ANNUAL ORGANIC GROWTH RATE OF 5.0% - 7.0% FROM 2017 THROUGH 2020​.SEES ‍ Q1 2018 ORGANIC NET SALES GROWTH OF 3.0% TO 5.5% COMPARED WITH Q1 2017 NET SALES OF $2.41 BILLION​.- SEES Q1 2018 NET EARNINGS OF $0.97 TO $1.01 PER DILUTED SHARE.- SEES SHARE REPURCHASES OF APPROXIMATELY $100 MILLION IN 2018.- ‍ FOREIGN CURRENCIES ARE EXPECTED TO INCREASE SALES IN Q1 2018 BY $70 MILLION, OR +2.9%​.Q1 EARNINGS PER SHARE VIEW $1.04, REVENUE VIEW $2.65 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $4.19, REVENUE VIEW $10.34 BILLION -- THOMSON REUTERS I/B/E/S.BORGWARNER - SEES FY 2018 FOREIGN CURRENCIES ARE EXPECTED TO INCREASE SALES BY $75 MILLION, PRIMARILY DUE TO APPRECIATION OF EURO.BORGWARNER SEES ‍FOR FULL YEAR 2018 FREE CASH FLOW WITHIN A RANGE OF $500 MILLION TO $550 MILLION​.  Full Article

Borgwarner says ‍board declared a 21 pct increase in quarterly cash dividend to $0.17 per share of common stock​
Thursday, 9 Nov 2017 09:13am EST 

Nov 9 (Reuters) - Borgwarner Inc :Borgwarner Inc says ‍board declared a 21% increase in quarterly cash dividend to $0.17 per share of common stock​.  Full Article

Borgwarner Q3 earnings per share view $0.88 -- thomson reuters i/b/e/s
Thursday, 26 Oct 2017 06:30am EDT 

Oct 26 (Reuters) - Borgwarner Inc :Borgwarner reports third quarter 2017 U.S. GAAP net earnings of $0.88 per diluted share, or $0.95 per diluted share excluding non-comparable items.Q3 earnings per share $0.95 excluding items.Q3 gaap earnings per share $0.88.Q3 sales $2.416 billion versus I/B/E/S view $2.26 billion.Q3 earnings per share view $0.88 -- Thomson Reuters I/B/E/S.Sees Q4 2017 earnings per share $0.99 to $1.01.Borgwarner Inc sees ‍full year 2017 net sales expected to be $9.67 billion - $9.70 billion​.Says for Q4 2017, ‍foreign currencies are expected to increase sales by approximately $85 million​.Borgwarner Inc - sees full year 2017 ‍net earnings to be within a range of $3.81 to $3.83 per diluted share​.  Full Article

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