Autoliv Inc reports results for the quarter ended June 30 - Earnings Summary

• Autoliv Inc ALV reported quarterly adjusted earnings of $2.21​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.87. The mean expectation of twelve analysts for the quarter was for earnings of $2.15 per share. Wall Street expected results to range from $2.01 to $2.50 per share.

• Revenue rose 4.2% to $2.71 billion from a year ago; analysts expected $2.64 billion.

• Autoliv Inc's reported EPS for the quarter was $2.16​.

• The company reported quarterly net income of $168 million.

• Autoliv Inc shares had risen by 4.4% this quarter and gained 24.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 6.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy," 4 "hold" and 1 "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 Autoliv Inc is $122.00, about 4.3% above its last closing price of $116.78

This summary was machine generated from LSEG data July 18 at 11:01 a.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)