EPS of $0.69 expected for Visteon Co. (NYSE:VC) this quarter
Wall Street analysts expect Visteon Co. (NYSE:VC – Get Rating) to report earnings of $0.69 per share for the current fiscal quarter, reports Zacks Investment Research. Five analysts released Visteon earnings estimates, with the highest EPS estimate at $0.86 and the lowest estimate at $0.41. Visteon reported earnings per share of ($0.32) in the same quarter last year, suggesting a positive year-over-year growth rate of 315.6%. The company is due to release its next earnings report on Monday, January 1.
On average, analysts expect Visteon to report annual earnings of $4.64 per share for the current fiscal year, with EPS estimates ranging from $4.00 to $5.00. For the next fiscal year, analysts expect the company to report earnings of $7.50 per share, with EPS estimates ranging from $6.80 to $8.14. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts who follow Visteon.
Visteon (NYSE:VC – Get Rating) last released its results on Thursday, February 17. The company reported earnings per share (EPS) of $1.69 for the quarter, beating analyst consensus estimates of $0.11 from $1.58. The company posted revenue of $786.00 million for the quarter, versus analyst estimates of $647.32 million.
A number of analysts have recently released reports on the stock. Goldman Sachs Group upgraded Visteon shares from a “neutral” rating to a “buy” rating in a Tuesday, February 22 research report. StockNews.com assumed coverage of Visteon shares in a research report on Thursday, March 31. They set a “holding” rating for the company.
VC was down $0.40 on Friday, hitting $104.84. 215,069 shares of the company were traded, against an average volume of 367,031. The company’s 50-day simple moving average is $102.96. Visteon has a 12-month low of $88.82 and a 12-month high of $134.57.
About Visteon (Get a rating)
Visteon Corporation, an automotive technology company, designs, engineers and manufactures automotive electronics and connected car solutions for automakers worldwide. The company provides instrument clusters, including analog gauge clusters to 2D and 3D display-based devices; information displays that incorporate a range of user interface technologies and graphics management capabilities, such as 3D, active privacy, TrueColor enhancement, cameras, optics, haptic feedback and motion effects light ; and Phoenix, an integrated display and infotainment audio platform, as well as an artificial intelligence-based in-vehicle voice assistant with natural language understanding.
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