Delphi Automotive beats by $0.01, beats on revs; guides Q1 EPS, revs below consensus; reaffirms FY16 EPS, revs guidance
Reports Q4 (Dec) earnings of $1.39 per share, $0.01 better than the Capital IQ Consensus of $1.38; revenues rose 2.7% year/year to $3.88 bln vs the $3.79 bln Capital IQ Consensus.
- Co issues downside guidance for Q1, sees EPS of $1.28-1.38 vs. $1.42 Capital IQ Consensus Estimate; sees Q1 revs of $4.0-4.1 bln vs. $4.17 bln Capital IQ Consensus Estimate.
- Co reaffirms guidance for FY16, sees EPS of $5.80-6.10 vs. $6.11 Capital IQ Consensus Estimate; sees FY16 revs of $16.6-17.0 bln vs. $16.81 bln Capital IQ Consensus Estimate.