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研究快訊:Aptv:第一季獲利遠超預期;業績指引略低於預期

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-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點摘要如下:Aptiv (APTV)公佈的第一季調整後每股收益為1.71美元,高於預期的1.69美元(成長1%),也高於市場普遍預期的1.58美元。該季度銷售額和利潤率均超出預期。營收成長5.4%至50.9億美元(較市場普遍預期高出7,000萬美元),調整後營業利潤率下降90個基點至11.0%(比市場普遍預期高出50個基點)。 APTV於4月1日完成了對電氣分配系統(EDS)業務的分拆,成立了Versigent公司,這標誌著APTV未來利潤率的提升,具有重要的戰略意義。值得注意的是,由於股票回購,APTV第一季的加權平均流通股數量年減超過7%,這顯著提振了每股盈餘。 APTV重申了先前對2026年淨銷售額和調整後每股收益(不包括Versigent)的預期。此外,APTV第二季淨銷售額和調整後每股盈餘預期分別為32億至34億美元和1.30至1.50美元,與市場普遍預期的33億美元和1.52美元基本一致。儘管業績超出預期,但由於獲利預期低於預期,APTV股價目前下跌1%。

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