Highest-materiality recent filing
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 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.
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 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 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.
Lear Q1 record revenue $6.0B; adj EPS $3.18 up 14% YoY; $1.5B buyback auth
Q1 revenue $6.0B, +3% YoY; record quarter; sales outperformed global vehicle production.
Lear reports record 2023 sales of $23.5B; adjusted EPS up 38% to $12.02
Q4 sales $5.8B (+9% YoY); adj. EPS $3.03 vs $2.81; core op earnings $288M.
Lear Q3 sales $5.8B (+10%), EPS $2.25; raises FY2023 outlook
Sales $5.78B (+10% YoY); net income $133M, diluted EPS $2.25 vs $1.54 in Q3 2022.
Lear Q2 sales $6.0B record (+18% YoY); adj EPS $3.33 (+86%); free cash flow $159M
Net income $168.7M ($2.84 EPS) vs $68.5M ($1.14 EPS); adjusted net income $197.9M ($3.33 adj EPS).
Lear raises 2023 outlook and targets 29% seating market share by 2027
2023 guidance raised: net sales midpoint up $1B to ~$22.7B, core earnings up $100M to ~$1.075B.
Lear Q1 sales +12% to $5.8B; adj EPS $2.78 vs $1.80; completes IGB acquisition
Sales $5.85B (+12% YoY); net income $143.6M vs $49.4M; EPS $2.41 vs $0.82.
Lear Q4 2022 EPS $1.97 (adj $2.81) on $5.4B sales; Seating awards $500M; 2023 outlook positive
Q4 2022 sales $5.4B (+10% YoY); core operating earnings $265M (+67%); adjusted EPS $2.81 vs $1.22.
Lear Q3 sales up 23% to $5.2B; adjusted EPS $2.33 vs $0.53; wins GM EV BDU contract
Q3 sales $5.2B, up 23% YoY; net income $92M vs $26.5M loss a year ago.
Lear Q2 net income falls 61% to $68.5M; Adj EPS $1.79; Sales up 7% to $5.1B
Sales $5.1B (+7% YoY), outperforming global industry production by 6 percentage points.
Lear Q1 EPS drops to $0.82 from $3.36; revenue falls 3% to $5.2B
GAAP EPS $0.82 vs $3.36 YoY; adjusted EPS $1.80 vs $3.73.
Q4 2021 sales $4.88B, net income $21.5M, adjusted EPS $1.22 vs $3.66 YoY.
Lear Q3 net loss $27M; adjusted EPS $0.53 vs $3.73; sales down 13%; doubles dividend to $0.50
Net loss of $(27M) ($(0.44) per share); adjusted net income $32M ($0.53 adjusted EPS).
Lear Q2 sales surge 95% to $4.8B; EPS $2.89 vs loss $4.89 a year ago
Sales $4.76B, up 95% YoY; net income $175M vs loss $294M in Q2 2020.
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.
Harry A. Kemp, who currently serves as the Company’s Senior Vice President, General Counsel and Corporate Secretary, has been appointed to serve as Mr. DiDonato’s replacement as Senior Vice President, Chief Administrative Officer and General Counsel.
On September 21, 2022, Thomas A. DiDonato tendered written notice to the Board of Directors (the “Board”) of Lear Corporation (the “Company”) of his intent to retire from employment with the Company, effective September 30, 2023 (the “Retirement Date”). In anticipation of his retirement, Mr. DiDonato also tendered written notice of his resignation as Senior Vice President and Chief Administrative Officer, effective January 15, 2023 (the “Effective Date”).
Max materiality 0.85 · Median 0.65 · Most common event earnings