secwatch.observer — SEC 8-K summary
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Issuer:     LEAR CORP (LEA)
CIK:        0000842162
Form:       8-K
Filed at:   2022-02-08T23:59:59+00:00
Accession:  0000842162-22-000005
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lear Q4 revenue $4.9B (-7% YoY), adj EPS $1.22; FY adj EPS $7.94; dividend $0.77/sh; $700M notes for acquisition
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- Q4 2021 sales $4.88B, net income $21.5M, adjusted EPS $1.22 vs $3.66 YoY.
- Full year 2021 sales $19.26B (+13% YoY), net income $373.9M, adjusted EPS $7.94 vs $5.33.
- Seating share rose to 25%; $3.3B new business backlog for 2022-2024.
- Quarterly dividend increased to $0.77/sh, returning to pre-pandemic level.
- Issued $700M senior notes to fund pending Kongsberg Interior Comfort acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/842162/000084216222000005/0000842162-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/842162/000084216222000005/lear-20220208.htm
  HTML page:      https://secwatch.observer/filing/0000842162-22-000005

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