BorgWarner (BWA) reported Q2 adjusted earnings Wednesday of $1.42 per diluted share, up from $1.21 a year earlier.
Analysts polled by FactSet expected $1.28.
Net sales for the quarter ended June 30 were $3.65 billion, compared with $3.64 billion a year earlier.
Analysts polled by FactSet expected $3.58 billion.
The company raised its 2026 adjusted EPS outlook to $5.05 to $5.30 from its prior guidance of $5.00 to $5.20. Analysts polled by FactSet expect $5.19.
Sales for the year are still expected to be $14 billion to $14.3 billion. Analysts polled by FactSet expect $14.19 billion.
The company repurchased about $100 million of its shares and paid $34 million in cash dividends during the second quarter.
Shares of the company rose more than 2% in recent pre-bell activity Wednesday.
Price: $64.49, Change: $+1.45, Percent Change: +2.30%