Aptiv Q4 revenue rises 5%; forecasts Q1 sales $4.95 bln-$5.15 bln

Reuters02-02 19:54
Aptiv Q4 revenue rises 5%; forecasts Q1 sales $4.95 bln-$5.15 bln

Overview

  • Industrial tech firm's Q4 revenue grew 5% yr/yr

  • Adjusted EPS for Q4 was $1.86

  • Company plans spin-off of Electrical Distribution Systems business

Outlook

  • Aptiv expects Q1 2026 net sales between $4.95 bln and $5.15 bln

  • Company forecasts full-year 2026 net sales at $21.12 bln to $21.82 bln

  • Aptiv plans spin-off of EDS business as Versigent for increased market flexibility

Result Drivers

  • REGIONAL GROWTH - Revenue growth driven by 8% increase in North America and 12% in South America, partially offset by declines in Europe and Asia

  • COST REDUCTION - Improved operating performance due to cost reduction initiatives, offset by increased commodity costs and foreign exchange impacts

  • TAX EXPENSE - Higher tax expense impacted net income, with tax expense rising to $196 million from $64 million in the prior year period

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

$5.20 bln

Q4 Adjusted EPS

$1.86

Q4 EPS

$0.64

Q4 Net Income

$138 mln

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

  • The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw7W4k9Za

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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