U.S. markets closed
  • S&P Futures

    4,594.25
    +4.25 (+0.09%)
     
  • Dow Futures

    35,258.00
    +46.00 (+0.13%)
     
  • Nasdaq Futures

    15,848.75
    +6.00 (+0.04%)
     
  • Russell 2000 Futures

    2,206.70
    +3.10 (+0.14%)
     
  • Crude Oil

    70.00
    +0.51 (+0.73%)
     
  • Gold

    1,780.40
    +0.90 (+0.05%)
     
  • Silver

    22.32
    +0.05 (+0.23%)
     
  • EUR/USD

    1.1294
    +0.0008 (+0.07%)
     
  • 10-Yr Bond

    1.4340
    +0.0910 (+6.78%)
     
  • Vix

    27.18
    -3.49 (-11.38%)
     
  • GBP/USD

    1.3279
    +0.0018 (+0.14%)
     
  • USD/JPY

    113.5000
    +0.0100 (+0.01%)
     
  • BTC-USD

    50,765.13
    +1,795.30 (+3.67%)
     
  • CMC Crypto 200

    1,310.92
    +50.77 (+4.03%)
     
  • FTSE 100

    7,232.28
    +109.96 (+1.54%)
     
  • Nikkei 225

    28,282.01
    +354.64 (+1.27%)
     

Autoliv stock falls after profit falls more than 50% to miss expectations as supply shortages weighed on LVP

·1 min read
Autoliv stock falls after profit falls more than 50% to miss expectations as supply shortages weighed on LVP
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

The U.S.-listed shares of Autoliv Inc. fell 0.6% in premarket trading Friday, after the Sweden-based auto safety systems maker reported third-quarter adjusted profit that was half of last year's and missed expectations, as shortages of semiconductor supplies and other components led to a 20% drop in light vehicle production (LVP). Net income fell to $60 million, or 68 cents a share, from $99 million, or $1.12 a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per sh