earnings
confidence high
sentiment positive
materiality 0.75
Aptiv Q1 revenue $4.8B (+15% YoY); GAAP EPS $0.54, adjusted EPS $0.91
Aptiv PLC
2023-Q1 EPS reported
$0.54
revenue$4,818,000,000
- Revenue of $4.8B increased 15% YoY; adjusted revenue growth also 15% excluding FX, commodity and acquisition effects.
- GAAP net income $146M ($0.54/diluted share) vs $73M ($0.27) in Q1 2022; adjusted net income $258M ($0.91/diluted share).
- Adjusted operating income $437M (9.1% margin) vs $324M (7.8%) a year ago; adjusted EBITDA $594M (12.3% margin).
- Repurchased 0.6M shares for $70M; $1.9B remaining under buyback authorization.
- Full-year 2023 guidance: net sales $18.7-19.3B, adj. EPS $4.00-4.50, adj. operating margin 10.3-10.8%.