Highest-materiality recent filing
Lear shareholders elect 11 directors, approve say-on-pay and stock plan amendment
All 11 director nominees elected; Conrad Mallett Jr. received highest dissent at ~9.2% against.
Lear Q1 adjusted EPS $3.87, up 24% YoY; revenue $5.8B, up 5%
Net income $172M vs $81M YoY; GAAP EPS $3.34 vs $1.49; adjusted EPS $3.87 vs $3.12.
Q4 revenue $6.0B (+5% YoY); adj. EPS $3.41 vs $2.94; GAAP EPS $1.58 vs $1.61.
Lear Q3 revenue up 2% to $5.68B; EPS $2.02 vs $2.41 YoY; free cash flow surges to $307M
Revenue $5.68B (+2% YoY); net income $108M vs $136M; adjusted EPS $2.79 vs $2.89.
Lear extends $2.0B revolving credit facility maturity to July 24, 2030
Second Amended and Restated Credit Agreement extends $2.0B unsecured revolver to July 24, 2030.
Lear Q2 revenue flat at $6.0B, net income $165M ($3.06 EPS); restores FY guidance
Revenue $6.03B flat YoY; net income $165M vs $173M; core operating earnings $292M vs $302M.
All 11 director nominees elected; votes for ranged from 46.7M (Mallett) to 49.2M (Blissett and Lache).
Lear Q1 revenue falls 7% to $5.6B; net income drops to $80.7M from $109.6M
Revenue $5.56B, down 7% YoY; core operating earnings $270.4M (4.9% of sales) vs $279.8M (4.7%).
Lear promotes Amanda J. Pontes to General Counsel effective March 1, 2025
Amanda J. Pontes promoted to General Counsel; previously VP Global Legal and Corporate Secretary.
Lear appoints former GM China President Julian Blissett to Board of Directors
Julian Blissett, former EVP and President of GM China, elected to Lear Board effective Feb 14, 2025.
Lear Q4 revenue $5.7B (-2% YoY), adj EPS $2.94; FY adj EPS $12.62 (+5%)
Q4 revenue $5.7B (-2% YoY), net income $88M (vs $127M), adj EPS $2.94 (vs $3.03).
Lear Q3 revenue falls 3% to $5.58B, adjusted EPS rises 1% to $2.89, free cash flow plunges 80%
Net income $135.8M ($2.41 EPS) vs $132.9M ($2.25) a year ago; adjusted EPS $2.89 vs $2.87.
Lear Corporation appoints former top auto analyst Rod Lache to Board of Directors
Rod Lache elected to Board effective August 12, 2024; term ends at 2025 annual meeting.
Lear Q2 revenue record $6.0B; adjusted EPS up 8% to $3.60; acquires WIP Industrial Automation
Record Q2 revenue $6.0B, modest YoY increase; core operating earnings $302M flat YoY.
Lear appoints Carl Esposito to lead IDEA by Lear; Nick Roelli succeeds as President of E-Systems
Carl Esposito named SVP, IDEA by Lear, effective May 16, 2024; previously SVP & President of E-Systems.
On February 14, 2025, Julian Blissett was elected to the Board of Directors (the “Board”) of Lear Corporation (the “Company”) for a term ending at the 2025 annual meeting of shareholders of the Company.
On August 8, 2024, the Board of Directors (the "Board") of Lear Corporation (the "Company") elected Rod Lache to the Board, effective August 12, 2024, for a term ending at the 2025 annual meeting of shareholders of the Company.
On May 20, 2024, the Company also announced the appointment of Nicholas J. Roelli as Senior Vice President and President, E-Systems of the Company, effective May 16, 2024.
On May 20, 2024, Lear Corporation (the “Company” or “Lear”) announced the appointment of Carl A. Esposito as Senior Vice President, IDEA by Lear, effective May 16, 2024.
Max materiality 0.75 · Median 0.65 · Most common event earnings