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Fly News Breaks for October 11, 2019
GM, DAN, DLPH, LEA, APTV, AXL
Oct 11, 2019 | 07:08 EDT
Credit Suisse analyst Dan Levy said he expects many auto suppliers to cut 2019 guidance due to the strike at General Motors (GM), noting that his estimates are below the low end of the guide for American Axle (AXL), Aptiv (APTV), Lear (LEA), Delphi Technologies (DLPH) and Dana (DAN). However, he also thinks investors may look through GM-related guidance cuts and shift focus to 2020, but he also sees risk of negative earnings revisions for next year related to China, Europe, and foreign exchange impacts.
News For AXL;APTV;LEA;DLPH;DAN;GM From the Last 2 Days
GM
Apr 18, 2024 | 09:05 EDT
