These Analysts Revise Their Forecasts On Autoliv After Q3 Results

Autoliv, Inc. (NYSE:ALV) reported better-than-expected third-quarter sales results on Friday.

The company reported third-quarter adjusted earnings per share of $1.84, missing the analyst consensus of $1.95. Quarterly revenues of $2.56 billion topped the street view of $2.53 billion.

"Light vehicle production was weak in the third quarter, declining by close to 5% globally. This was driven by a combination of inventory reductions, especially in the Americas and a high comparison base, especially in China," said Mikael Bratt, President & CEO.

Autoliv now expects full-year 2024 organic sales ...