BorgWarner 2Q Earnings Pregame Scorecard

Published July 23, 2012

| FOXBusiness

After falling below Wall Street expectations last quarter, BorgWarner (BWA) will report its latest results on Thursday.


Analysts currently expect BorgWarner to come in with earnings of $1.37 per share on revenues of $1.97 billion. Estimates from analysts range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from $1.40.

Stock Movement

The stock fell $5.16 per share between May 31, 2012 and June 1, 2012. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell $18.52 (-22.4%), from $82.51 to $63.99.

Company Fundamental Trends

With double-digit revenue growth the past four quarters, this earnings release is a chance to keep that positive trend going. The company has averaged year-over-year revenue growth of 20.3% over the last four quarters. The impending earnings announcement offers the opportunity expand on positive earnings momentum gained over last three quarters. Net income rose 32.7% in the third quarter of the last fiscal year and 9.2% in the fourth quarter of the last fiscal year before increasing again in the first quarter. Stock Ratings

Analysts are bullish on the stock as nine analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Last Quarter's Results

In the first quarter, profit rose 26.9% to $158 million ($1.28 a share) from $124.5 million ($1 a share) the year earlier, but fell short analyst expectations. Revenue rose 10.5% to $1.91 billion from $1.73 billion.


Reporting Period: 2Q

Date of Release: Thursday, July 26, 2012 before market open

EPS: $1.37

Revenue Estimate: $1.97 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)