---
schema_version: "secwatch.filing_event.v1"
accession: "0000842162-24-000030"
form_type: "8-K"
ticker: "LEA"
cik: "0000842162"
company_name: "LEAR CORP"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T05:08:29.019545+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lear Q1 record revenue $6.0B; adj EPS $3.18 up 14% YoY; $1.5B buyback auth

## Summary
- Q1 revenue $6.0B, +3% YoY; record quarter; sales outperformed global vehicle production.
- GAAP EPS $1.90; adjusted EPS $3.18, +14% YoY; core operating earnings $280M, +6%.
- E-Systems 7th consecutive quarter of margin improvement; Seating adjusted margin 6.6%.
- Acquired WIP Industrial Automation to strengthen automation/ AI; expected close by Q3 2024.
- Share repurchase authorization increased to $1.5B, extended to Dec 31, 2026; $30M repurchased in Q1.

## SEC filing metadata
- accession: 0000842162-24-000030
- form_type: 8-K
- ticker: LEA
- cik: 0000842162
- company_name: LEAR CORP
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/842162/000084216224000030/0000842162-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/842162/000084216224000030/lear-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000842162-24-000030
- JSON: https://secwatch.observer/filing/0000842162-24-000030.json
- Plain text: https://secwatch.observer/filing/0000842162-24-000030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.