Aptiv's Q3 Revenue Falls Short Of Estimates, Shares Slide

Aptiv PLC (NYSE:APTV) announced its third-quarter earnings results before the market opened on Thursday. Here’s what you need to know.

The Details: Aptiv reported adjusted earnings per share of $1.83, which beat the analyst consensus of $1.68 by 8.93%. Total revenue for the quarter came in at $4.854 billion, falling short of the expected $5.205 billion, according to estimates from Benzinga Pro.

Adjusted operating income was $593 million, up from $560 million in the same period last year and adjusted EBITDA was $778 million, with an adjusted EBITDA margin of 16%.

Outlook: Aptiv ...