TRW Automotive Holdings Earnings: Everything You Must Know Now

TRW Automotive Holdings Corp. (NYSE:TRW) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

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TRW Automotive Holdings Corp. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 6.79% to $1.51 in the quarter versus EPS of $1.62 in the year-earlier quarter.

Revenue: Rose 0.12% to $4.21 billion from the year-earlier quarter.

Actual vs. Wall St. Expectations: TRW Automotive Holdings Corp. reported adjusted EPS income of $1.51 per share. By that measure, the company beat the mean analyst estimate of $1.43. It beat the average revenue estimate of $4.13 billion.

Quoting Management: “The ability to mitigate the challenging automotive industry conditions in Europe, where vehicle demand and production continues to decline, demonstrates the benefits of TRW’s global footprint and highly diversified product and customer mix,” said John C. Plant, Chairman and Chief Executive Officer. “We expect our strong market position will continue to strengthen in the future as the Company executes its significant growth strategy.”

Key Stats (on next page)…

Revenue increased 4.49% from $4.03 billion in the previous quarter. EPS decreased 2.58% from $1.55 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $1.69 to a profit $1.64. For the current year, the average estimate has moved down from a profit of $6.41 to a profit of $6.29 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)