Visteon Stock News

The company said it gained a new global automaker as its third electrification customer.

Visteon Shares Rally As Q4 Earnings, Revenue Beat Estimates

The company said it gained a new global automaker as its third electrification customer.

Visteon (VC) delivered earnings and revenue surprises of 1,436.36% and 21.42%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Visteon Corp. shares rose 2% premarket Thursday, after the cockpit electronics company blew past estimates for the fourth quarter. The company posted net income of $31 million, or $1.09 a share, for the quarter, up from $18 million, or $1.52 a share, in the year-earlier period. Sales were flat at $786 million compared with $787 million a year ago. The FactSet consensus was for EPS of 8 cents and sales of $661 million. The sales performance was driven by the ramp up of recently launched products and favorable pricing, the Van Buren Township, Michigan-based company said in a statement. The company won $5.1 billion of new business in 2021, after launching 17 new products in the fourth quarter to bring the total to 43 for 2021. "In 2022, we anticipate we will grow sales, expand margins, and increase adjusted free cash flow generation driven by continued market out-performance of our next-generation products," Chief Executive Sachin Lawande said in a statement. The company is now expecting 2022 sales to range from $3.15 to $3.35 billion, compared with a FactSet consensus of $3.19 billion.

Visteon press release (VC): Q4 Non-GAAP EPS of $1.69 beats by $1.61.Revenue of $786M (-0.1% Y/Y) beats by $124.77M.Guidance 2022: The company anticipates sales in the range of $3.150…

VAN BUREN TOWNSHIP, Mich., Feb. 17, 2022 (GLOBE NEWSWIRE) -- Visteon Corporation (NASDAQ: VC) today reported fourth quarter and full-year 2021 financial results that exceed its previous outlook. Highlights include:

Visteon Corporation (VC) CEO Sachin Lawande on Q4 2021 Results - Earnings Call Transcript

Visteon (VC) delivered earnings and revenue surprises of 1,436.36% and 21.42%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Visteon Corp. shares VC, +0.28% rose 2% premarket Thursday, after the cockpit electronics company blew past estimates for the fourth quarter. The company posted net income of $31 million, or $1.09 a s

Visteon (NASDAQ:VC) is scheduled to announce Q4 earnings results on Thursday, February 17th, before market open.The consensus EPS Estimate is $0.08 (-92.5% Y/Y) and the consensus…

Visteon (VC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Visteon (VC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.