secwatch.observer — SEC 8-K summary
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Issuer:     Aptiv PLC (APTV)
CIK:        0001521332
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001521332-24-000035
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aptiv Q1 GAAP EPS $0.79, adj. $1.16; revenue $4.9B +2% YoY; guides FY adj. EPS $5.80-$6.30
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- GAAP net income $218M ($0.79 diluted EPS); adjusted EPS $1.16 vs $0.91 prior year period.
- Revenue $4.9B, +2% adjusted for FX/commodities; growth over market of 3% on AWM of (1)%.
- Adjusted operating margin 11.1% (+200 bps YoY); Adj. EBITDA margin 14.7% ($720M).
- FY2024 guidance: net sales $20.85B-$21.45B, adj. EPS $5.80-$6.30, adj. EBITDA $3.15B-$3.3B.
- Repurchased 7.3M shares for $600M in Q1; Motional ownership to reduce to ~15% with Hyundai funding.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1521332/000152133224000035/0001521332-24-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1521332/000152133224000035/aptv-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001521332-24-000035

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