secwatch.observer — SEC 8-K summary
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Issuer:     LEAR CORP (LEA)
CIK:        0000842162
Form:       8-K
Filed at:   2021-08-06T23:59:59+00:00
Accession:  0000842162-21-000038
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lear Q2 sales surge 95% to $4.8B; EPS $2.89 vs loss $4.89 a year ago
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- Sales $4.76B, up 95% YoY; net income $175M vs loss $294M in Q2 2020.
- Core operating earnings $233M vs loss $248M; adjusted EPS $2.45 vs loss $4.14.
- Free cash flow $120M vs use $611M; repurchased ~170k shares for $31M.
- Seating margins 7.0%; E-Systems margins 2.3%; both segments positive.
- Moody's and Fitch upgraded Lear credit rating outlook.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/842162/000084216221000038/0000842162-21-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/842162/000084216221000038/lear-20210806.htm
  HTML page:      https://secwatch.observer/filing/0000842162-21-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer