secwatch.observer — SEC 8-K summary
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Issuer:     LEAR CORP (LEA)
CIK:        0000842162
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000842162-23-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lear Q3 sales $5.8B (+10%), EPS $2.25; raises FY2023 outlook
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- Sales $5.78B (+10% YoY); net income $133M, diluted EPS $2.25 vs $1.54 in Q3 2022.
- Adjusted EPS $2.87, up 23% YoY; core operating earnings $267M, margin 4.6% vs 4.5%.
- Free cash flow $251M vs $112M; total liquidity $3.0B; returned $120M to shareholders.
- E-Systems posted highest operating margins in over two years; won first GM seat ventilation program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/842162/000084216223000060/0000842162-23-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/842162/000084216223000060/lear-20231026.htm
  HTML page:      https://secwatch.observer/filing/0000842162-23-000060

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