CHICAGO, April 27 (Reuters) - Auto parts maker BorgWarner Inc. on Thursday said quarterly net earnings fell, but operating results rose, supported by strength in engine components technology. Net income fell to $61.3 million, or $1.06 per share, for the first quarter, from $77.6 million, or $1.36 per share, a year earlier, when BorgWarner benefited from $21.9 million, or 38 cents per share of one-time items.
Premium Content (PAID Subscription Required)
"BorgWarner quarterly earnings fall" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.