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Recap: Autoliv Q4 Earnings

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Benzinga Insights
·1 min read
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Shares of Autoliv (NYSE:ALV) rose 3.5% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 19.02% year over year to $2.19, which beat the estimate of $1.93.

Revenue of $2,517,000,000 rose by 14.88% from the same period last year, which beat the estimate of $2,410,000,000.

Looking Ahead

The upcoming fiscal year's revenue expected to be between $9,309,000,000 and $9,309,000,000.

Details Of The Call

Date: Jan 26, 2021

View more earnings on ALV

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/9tffo9ao

Recent Stock Performance

52-week high: $95.93

Company's 52-week low was at $38.16

Price action over last quarter: Up 10.65%

Company Description

Autoliv is the global leader in passive safety components and systems for the auto industry. Products include seat belts, frontal air bags, side-impact air bags, air bag inflators, and steering wheels. The Renault-Nissan-Mitsubishi alliance is the company's largest customer at 16% of 2019 revenue, with Volkswagen and Honda accounting for 10% each. At 36% of 2019 revenue, the Americas was Autoliv's geographic region, followed by Europe at 31%. China and Japan each accounted for 11% of 2019 revenue.

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