Earnings Outlook For Autoliv

Autoliv (NYSE:ALV) will release its quarterly earnings report on Friday, 2024-10-18. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Autoliv to report an earnings per share (EPS) of $1.95.

Autoliv bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings Track Record

During the last quarter, the company reported an EPS missed by $0.36, leading to a 0.0% drop in the share price on the subsequent day.

Here's a look at Autoliv's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

2.23

1.41

3.23

1.84

EPS Actual

1.87

1.58

3.74

1.66

Price Change %

-10.0%

6.0%

3.0%

7.000000000000001%

Stock Performance

Shares of Autoliv were trading at $92.84 as of October 16. Over the last 52-week period, shares are down 2.59%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.

Insights Shared by Analysts on Autoliv

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Autoliv.

With 10 analyst ratings, Autoliv has a consensus rating of Neutral. The average one-year price target is $117.2, indicating a potential 26.24% upside.

Understanding ...