Shares of Lear Corp. experienced a decline of 6.2% in premarket trading on Tuesday, as the auto-parts maker failed to meet analysts' expectations for net income, despite showing growth in key metrics. Disappointing Net Income Results Lear Corp. (LEA, -0.94%) reported net income of $127.3 million, equivalent to $2.18 per share, compared to $118 million, or $1.97 per share, … [Read more...] about Shares of Lear Corp. Fall Short of Expectations
sales performance
Lowe’s Fourth-Quarter Report Overview
Earnings Expectations: The home-improvement retailer is anticipated to post earnings of $1.68 a share, a decline from $2.28 a share in the same quarter a year ago. Revenue Projection: Quarterly revenue is forecasted to decrease to $18.47 billion from $22.45 billion in the previous year. Comparable Sales Forecast: Same-store sales are expected to decrease by 7%. Company … [Read more...] about Lowe’s Fourth-Quarter Report Overview
Sherwin-Williams Reports Strong Third-Quarter Performance
Sherwin-Williams, the Cleveland-based paint maker, exceeded expectations in its third-quarter financial results. Despite a slowdown in the housing market, the company experienced an increase in demand for repainting properties. Impressive Financial Figures For the quarter ended September 30, Sherwin-Williams recorded net income of $761.5 million, or $2.95 per share. This … [Read more...] about Sherwin-Williams Reports Strong Third-Quarter Performance
