Q: Your thoughts please on their quarter?
5i Research Answer:
EPS of $2.18 beat estimates of $1.80; revenue of $10.84B beat estimates of $10.52B. EBITDA of $1.24B beat estimates by 10%. Evercore called the results "monster". The beat was largely driven by body exteriors and structures as well as seating systems. Sales guidance for 2026 went to $41.9B to $43.5B, This was higher than prior guidance but mostly in line with current estimates. Sales rose 2.1%. Certainly a solid quarter and the stock has responded with a big move.