|Bid||0.00 x 2200|
|Ask||0.00 x 1200|
|Day's Range||16.84 - 17.20|
|52 Week Range||5.39 - 18.51|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug. 05, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||16.63|
At this time, I would like to welcome everyone to the BorgWarner 2020 Third Quarter Results Conference Call. It's posted on our website, borgwarner.com, on our homepage and on our Investor Relations homepage. Please see the Events section of our Investor Relations homepage for a full list.
Delphi Technologies' (DLPH) stock has been rising since it reported second-quarter 2020 results, which reflect better-than-expected top- and bottom-line performances.
Shares of automotive technology company BorgWarner (NYSE: BWA) rose 12.5% in May, according to data from S&P Global Market Intelligence. First, the company announced its first-quarter earnings at the start of May, and even though its organic year-over-year sales declined 8.1% in the quarter, it was a much better performance than the 19.6% decline in industry production. Second, BorgWarner resolved its dispute with automotive parts manufacturer Delphi Technologies (NYSE: DLPH) regarding a possible breach of a transaction agreement, and terms were amended in due course.