{"schema_version":"secwatch.filing_event.v1","accession":"0000842162-23-000043","form_type":"8-K","ticker":"LEA","cik":"0000842162","company_name":"LEAR CORP","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.771097+00:00","generated_at":"2026-06-12T19:57:26.203098+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Lear Q2 sales $6.0B record (+18% YoY); adj EPS $3.33 (+86%); free cash flow $159M","bullets":["Net income $168.7M ($2.84 EPS) vs $68.5M ($1.14 EPS); adjusted net income $197.9M ($3.33 adj EPS).","Core operating earnings $301.8M, up 61% from $187.4M; margin improved to 5.0% of sales from 3.7%.","Seating segment adjusted margin 7.2%; E-Systems adjusted margin 4.1%; sales outperformed global production by 2 ppt.","Free cash flow $159M vs $(161)M; cash $902M, total liquidity $2.9B; share repurchases & dividends $83M.","Completed acquisition of I.G. Bauerhin (IGB) for thermal comfort; reaffirmed 2023 outlook (updated June 27)."],"urls":{"canonical":"https://secwatch.observer/filing/0000842162-23-000043","json":"https://secwatch.observer/filing/0000842162-23-000043.json","markdown":"https://secwatch.observer/filing/0000842162-23-000043.md","text":"https://secwatch.observer/filing/0000842162-23-000043.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/842162/000084216223000043/0000842162-23-000043-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/842162/000084216223000043/lear-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T19:57:26.203098+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cf10c1601c2fab5e779b832c048cb0c3529f88d1","claim":"LEAR CORP reported second quarter 2023 results: revenue $3.33, EPS $3.33.","evidence_excerpt":"profitable growth, strong cash flow and significant shareholder returns.” Second Quarter Financial Results (in millions, except per share amounts) 2023 2022 Reported Sales $ 5,999.2 $ 5,071.0 Net income $ 168.7 $ 68.5 Earnings per share $ 2.84 $ 1.14 Adjusted (1) Core operating earnings $ 301.8 $ 187.4 Adjusted net income $ 197.9 $ 107.4 Adjusted earnings per","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/842162/000084216223000043/0000842162-23-000043-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Revenue","value":"$3.33"},{"label":"EPS","value":"$3.33"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"cf10c1601c2fab5e779b832c048cb0c3529f88d1","claim":"LEAR CORP reported second quarter 2023 results: revenue $3.33, EPS $3.33.","evidence_excerpt":"Adjusted earnings per share were $3.33 up 86% compared to a year ago, primarily reflecting higher operating earnings.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/842162/000084216223000043/0000842162-23-000043-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter 2023"},{"label":"Revenue","value":"$3.33"},{"label":"EPS","value":"$3.33"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}