The Latest Breaking News from LEA

Ford F is slated to release second-quarter 2022 results on Jul 27, after the closing bell. The Zacks Consensus Estimate for the quarter's revenues and earnings is pegged at $32.83 billion and 44 cents a share, respectively.

School meal prices vary by as much as 70p and eligibility for free school meals from September depends on where children live

Lear Corporation (NYSE:LEA) has agreed to acquire I.G. Bauerhin, an automotive seat heating, ventilation, active cooling, and electronic control modules supplier, for €140 million. LEA expects the acquisition to expand its product capabilities into active cooling and complement its existing offerings. The transaction marks Lear's second acquisition of a thermal comfort solutions company.…

Lear Corp (NYSE:LEA) has agreed to acquire Thagora Technology SRL, a privately held company specializing in material utilization hardware and software technologies based in Iasi, Romania. The financial terms were not disclosed. "Thagora offers Lear access to scalable, smart-manufacturing tools that will be a valuable addition to our business," said Frank Orsini, Lear…

Since the Fed’s aggressive interest rate hikes to fight inflation might tip the economy into recession, cyclical stocks could witness a significant downtrend. Therefore, we think it could be wise to avoid shares of cyclical companies Lear Corporation (LEA) and 1-800-FLOWERS (FLWS), which have cut their full-year guidance. Read on.

Lear Corp (NYSE:LEA) reported a first-quarter FY22 sales decline of 3% year-on-year to $5.21 billion, beating the consensus of $5.04 billion. Global vehicle production decreased 4% Y/Y, with North America down 2%, Europe shedding 18%, and China climbing 8%. Net sales from North America rose 9.3% Y/Y, Europe and Africa fell 13.8%, Asia…

Lear (NYSE:LEA) has observed the following analyst ratings within the last quarter:

General Motors Co (NYSE:GM) has selected Lear Corp (NYSE:LEA) to supply front and rear seats to the 2024 Chevrolet Silverado EV pickup. The 40/60 split second-row seat offers four configurations, allowing users to haul gear or equipment while accommodating passengers in the second row. Lear engineered a tuck-and-tumble sequence for the second-row seat for…

  Over the past six months, shares of Lear (NYSE:LEA) moved lower by 15%. Before having a look at the importance of debt, let us look at how much debt Lear has.