The Latest Breaking News from BorgWarner

Should Helio Castroneves become the Indianapolis 500’s first five-time winner this month, he will also earn BorgWarner’s bonus prize of $400k for back-to-back victories.

BorgWarner Inc (NYSE:BWA) reported a first-quarter FY22 sales decline of 3% year-on-year to $3.87 billion, beating the consensus of $3.71 billion. Net sales from the Air Management segment declined 3.97% Y/Y, and the e-Propulsion & Drivetrain Segment lost 5.2%. Gross profit fell 8.3% to $750 million, and gross margin contracted 100 basis points…

According to Benzinga Pro, during Q4, BorgWarner (NYSE:BWA) earned $154.00 million, a 31.62% increase from the preceding quarter. BorgWarner also posted a total of $3.65 billion in sales, a 7.0% increase since Q3.

BorgWarner Inc (NYSE:BWA) reported a fourth-quarter FY21 sales decline of 6.9% year-on-year, to $3.65 billion, beating the analyst consensus of $3.47 billion. Net sales from the Air Management segment declined 9.2% Y/Y, and the e-Propulsion & Drivetrain segment lost 6.6%. Gross profit fell 19% to $625 million, and gross margin contracted 260 basis…

  BorgWarner (NYSE:BWA) reported its Q4 earnings results on Tuesday, February 15, 2022 at 06:30 AM. Here's what investors need to know about the announcement.

BorgWarner (NYSE:BWA) is set to give its latest quarterly earnings report on Tuesday, 2022-02-15. Here's what investors need to know before the announcement. Analysts estimate that BorgWarner will report an earnings per share (EPS) of $0.75.