Lear Q2 revenue record $6.0B; adjusted EPS up 8% to $3.60; acquires WIP Industrial Automation

LEAR CORP

2024-Q2 EPS reported $4.92 revenue$12,007,000,000

Record Q2 revenue $6.0B, modest YoY increase; core operating earnings $302M flat YoY.
Adjusted EPS $3.60 (+8% YoY); net income $173M ($3.02 GAAP EPS); free cash flow $170M.
E-Systems eighth consecutive quarter of YoY margin improvement; Seating margin 6.2%.
Acquired WIP Industrial Automation to strengthen automation/AI capabilities; new business wins with Geely Zeekr, Volvo, Volkswagen.
Repurchased $60M shares, paid $44M dividends in Q2; total liquidity $3.0B.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.