Visteon Corporation reports results for the quarter ended September 30 - Earnings Summary

• Visteon Corporation reported quarterly adjusted earnings of 19 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $2.15. The mean expectation of eleven analysts for the quarter was for earnings of $2.29 per share. Wall Street expected results to range from $2.04 to $2.53 per share.

• Revenue rose 5.8% to $970.00 million from a year ago; analysts expected $937.93 million.

• Visteon Corporation's reported EPS for the quarter was 19 cents​.

• The company reported quarterly net income of $5 million.

• Visteon Corporation shares had fallen by 2.1% this quarter and lost 10.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4% in the last three months.​

• In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "buy"

• Wall Street's median 12-month price target for Visteon Corporation is $125.00, about 32.1% above its last closing price of $84.83

This summary was machine generated from LSEG data October 22 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)