BorgWarner Inc.BWA is set to release its first-quarter 2017 results before the market opens on Apr 27. Last quarter, the company posted a positive earnings surprise of 1.19%. It has delivered a positive surprise in each of the trailing four quarters, with an average of 1.55%. Let’s see how things have shaped up for the forthcoming announcement.
Factors Influencing this Quarter
BorgWarner expects first-quarter 2017 earnings per share to be in the range of 81-85 cents, higher than the 80 cents earned in the first-quarter 2016. Organic net sales growth for the quarter is projected in the range of 2.5-6.5%. Excluding the impact of foreign currencies and the Remy International buyout, the year-over-year increa…
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