Delphi raises Q2, full-year estimates

Newswire

DETROIT, June 25 (Reuters) - Delphi Corp. the world's largest auto parts maker, said on Tuesday it was raising earnings estimates for the second quarter, spurred by cost cutting and higher than expected sales. Delphi said it now expected second quarter net income to total about $210 million to $220 million. The company had told analysts in April it was expecting earnings of $200 million, or 35 cents a share, and analysts were predicting an average of 36 cents a share, according to Multex ...

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