Delphi posts better-than-expected quarterly profit

Newswire

DETROIT, Feb 5 (Reuters) - Vehicle parts maker Delphi Automotive Plc on Tuesday posted a stronger-than-expected quarterly profit and forecast an increase in 2013 results. Net income in the fourth quarter fell to $136 million, or 43 cents a share, from $290 million, or 88 cents a share, a year earlier. Excluding one-time items, Delphi earned 90 cents a share, 3 cents above what analysts polled by Thomson Reuters I/B/E/S had expected. For 2013, ...

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