Lear Reports Third-Quarter Sales of $5.77 Billion
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11:23:32 AM UTC
SquawkNews
Lear reported third-quarter 2026 sales of $5.77 billion, up 2% year over year, and net income attributable to Lear of $136.6 million, up 26%. Core operating earnings rose 6% to $255.7 million, while adjusted diluted earnings per share increased to $3.71 from $2.79. Lear maintained its full-year cor…
11:32:45 AM UTC
SquawkNews
By Connor HartLear logged higher profit and sales in the third quarter, as the company continued to win new business even as global automobile production declined.The autoparts maker posted a profit of $136.6 million, or $2.74 a share, for its three months ended Oct. 3, compared with a profit of $1…