|Bid||186.56 x 800|
|Ask||186.65 x 1200|
|Day's Range||183.24 - 187.08|
|52 Week Range||98.98 - 196.97|
|Beta (5Y Monthly)||1.60|
|PE Ratio (TTM)||39.42|
|Earnings Date||Aug 02, 2021 - Aug 06, 2021|
|Forward Dividend & Yield||1.00 (0.55%)|
|Ex-Dividend Date||Mar 03, 2021|
|1y Target Est||208.25|
The results at Lear Corporation ( NYSE:LEA ) have been quite disappointing recently and CEO Ray Scott bears some...
Image source: The Motley Fool. Lear Corp (NYSE: LEA)Q1 2021 Earnings CallMay 7, 2021, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, everyone, and welcome to the Lear Corporation First Quarter 2021 Earnings Conference Call.
U.S. auto parts suppliers warned of more production cuts at major automakers as a global semiconductor chip shortage worsens before easing in the second half of the year and aiding in a partial recovery of lost sales. The chip shortage came at an inopportune time for automakers as demand rebounded from pandemic lows due to low interest rates and consumers' preference for personal transport amid the health crisis. "We've embedded a 3% reduction in industry production to factor in what we're anticipating and expecting as further announced downtime that hasn't been publicly announced at this point," Lear Corp Chief Financial Officer Jason Cardew said on Friday.