Delphi earnings climb, topping estimates

Newswire

July 31 (Reuters) - Delphi Automotive Plc reported second-quarter earnings of $1.01 per share, surpassing Wall Street's expectations, on the strength of improving pretax margins. Analysts had expected earnings of 91 cents per share. Delphi earned 88 cents per share in the second quarter in 2011. The auto-parts company, a former unit of General Motors Co , said second-quarter revenue fell 5.1 percent to $4.0 billion. Delphi said the revenue decline was caused ...

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