WASHINGTON (dpa-AFX) - While reporting financial results for the third quarter on Wednesday, technology solutions provider BorgWarner Inc. (BWA) raised its adjusted earnings guidance for the full-year 2025, while narrowing annual net sales outlook range.
For fiscal 2025, the company now projects earnings in a range of $3.52 to $3.63 per share and adjusted earnings in a range of $4.60 to $4.75 per share on net sales between $14.1 billion an $14.3 billion, implying year-over-year organic sales to be between down 1.0 percent and flat.
Previously, the company expected earnings in the range of $3.80 to $3.97 per share and adjusted earnings in a range of $4.45 to $4.65 per share on net sales between $14.0 billion an $14.4 billion, implying year-over-year organic sales to be between down 1.5 percent and up 1 percent.
On average, analysts polled expect the company to report earnings of $4.59 per share on revenues of $14.32 billion for the year. Analysts' estimates typically exclude special items.
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