earnings
confidence high
sentiment positive
materiality 0.70
Visteon Q3 adjusted EBITDA $128M, up 35% YoY; updates FY guidance
VISTEON CORP
2023-Q3 EPS reported
$4.20
revenue$2,964,000,000
- Sales $1,014M; base sales up 9% YoY, 18th consecutive quarter of growth-over-market.
- Net income $66M ($2.32 diluted EPS); adjusted EBITDA $128M (12.6% of sales), +$33M YoY.
- YTD new business wins $5.8B; Q3 share repurchases $46M; cash $485M, debt $341M.
- FY2023 guidance: sales $3.95-$4.025B, adj EBITDA $415-$445M, adj FCF $115-$165M.