secwatch.observer — SEC 8-K summary
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Issuer:     BORGWARNER INC (BWA)
CIK:        0000908255
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0000908255-24-000040
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BorgWarner Q3 adjusted EPS $1.09; sales $3.45B; raises FY margin & EPS guidance
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- GAAP EPS $1.08 vs $0.37 YoY; adjusted EPS $1.09 vs $0.98, up 11%.
- Sales $3,449M (-5% YoY); organic sales down 5.1% on lower market production.
- Adjusted operating margin 10.1% (GAAP 7.8%); free cash flow $201M.
- Raised full-year adj. EPS guide to $4.15-$4.30, adj. margin 9.8%-10.0%.
- Completed $400M share repurchase in 2024; new segment structure effective July 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/908255/000090825524000040/0000908255-24-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/908255/000090825524000040/bwa-20241031.htm
  HTML page:      https://secwatch.observer/filing/0000908255-24-000040

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