.July 31, 2024 08:17:34 AM

In the upcoming quarter, BorgWarner is expected to see a 26.7% decrease in earnings per share and a 16.9% drop in revenue, reflecting broader industry trends and internal challenges.

Despite the challenges, there has been a slight upward revision in the consensus EPS estimate, indicating some analysts see potential for better-than-expected performance.

Investors will closely monitor BorgWarner’s stock performance post-earnings announcement to gauge how the company is navigating market challenges amidst the automotive industry’s shift towards electric and hybrid vehicles.