TRW Automotive quarterly earnings fall

Newswire

CHICAGO, Feb 22 (Reuters) - U.S. auto parts maker TRW Automotive Holdings Corp. said on Thursday quarterly earnings fell as it faced production cuts in North America and higher commodity costs. Net earnings fell to $33 million, or 32 cents per share, in the fourth quarter, from $59 million, or 57 cents per share, a year earlier. Excluding a one-time tax benefit, TRW said it earned 16 cents per share. Analysts, on average, expect Livonia, Michigan-based TRW to earn 3 cents per share ...

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