ALV Jun 2023 70.000 put
| Previous Close | 0.3600 |
| Open | 0.3600 |
| Bid | 0.0000 |
| Ask | 0.7500 |
| Strike | 70.00 |
| Expire Date | 2023-06-16 |
| Day's Range | 0.3000 - 0.3600 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 5 |
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- Reuters
Autoliv sticks to forecasts despite quarterly profit lagging estimates
STOCKHOLM (Reuters) -Sweden's Autoliv, the world's largest maker of airbags and seatbelts, reported slightly weaker than expected growth in its first-quarter core earnings on Thursday whilst it maintained its full-year outlook. Adjusted operating profit came to $131 million for the January-March quarter, up from $68 million a year ago but below the median forecast of $135 million in a Refinitiv poll of analyst. While cost inflation from raw material prices has squeezed car industry suppliers including Autoliv's rivals ZF and Joyson Safety Systems, the Swedish company has said it was seeking to raise prices and that its operating margin would grow this year and next.
- Reuters
UPDATE 3-Autoliv sticks to forecasts despite quarterly profit lagging estimates
Sweden's Autoliv , the world's largest maker of airbags and seatbelts, reported slightly weaker than expected growth in its first-quarter core earnings on Thursday whilst it maintained its full-year outlook. Adjusted operating profit came to $131 million for the January-March quarter, up from $68 million a year ago but below the median forecast of $135 million in a Refinitiv poll of analyst. While cost inflation from raw material prices has squeezed car industry suppliers including Autoliv's rivals ZF and Joyson Safety Systems, the Swedish company has said it was seeking to raise prices and that its operating margin would grow this year and next.
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
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Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Simply Wall St.Is It Time To Consider Buying Autoliv, Inc. (NYSE:ALV)?
Autoliv, Inc. ( NYSE:ALV ), might not be a large cap stock, but it saw a significant share price rise of over 20% in...
- Simply Wall St.
Pulling back 4.7% this week, Autoliv's NYSE:ALV) three-year decline in earnings may be coming into investors focus
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Don't Buy Autoliv, Inc. (NYSE:ALV) For Its Next Dividend Without Doing These Checks
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
