secwatch.observer — SEC 8-K summary
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Issuer:     LEAR CORP (LEA)
CIK:        0000842162
Form:       8-K
Filed at:   2022-11-01T23:59:59+00:00
Accession:  0000842162-22-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lear Q3 sales up 23% to $5.2B; adjusted EPS $2.33 vs $0.53; wins GM EV BDU contract
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- Q3 sales $5.2B, up 23% YoY; net income $92M vs $26.5M loss a year ago.
- Adjusted EPS $2.33, up from $0.53; core operating earnings $235M vs $98M.
- Selected by GM to exclusively supply Battery Disconnect Unit on all full-size Ultium EVs through 2030.
- Free cash flow $112M vs -$157M; returned $71M to shareholders via dividends and buybacks.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/842162/000084216222000044/0000842162-22-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/842162/000084216222000044/lear-20221101.htm
  HTML page:      https://secwatch.observer/filing/0000842162-22-000044

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