Penske Automotive (PAG) Beats on Q2 Earnings & Revenues
Zacks Equity Research - Zacks Investment Research - Wed Aug 03, 8:27AM CDT
Penske Automotive Group, Inc.'s (PAG) earnings per share improved 6.7% to $1.11 from $1.04 recorded a year ago.
GT: 27.92 (+0.35), GNTX: 17.35 (+0.21), PAG: 38.75 (+0.89), JCI: 45.12 (-0.11)
Group 1 Automotive (GPI) Q2 Earnings Beat, Revenues Miss
Zacks Equity Research - Zacks Investment Research - Wed Aug 03, 8:19AM CDT
Group 1 Automotive Inc. (GPI) reported a 9.1% year-over-year increase in earnings per share to $2.16 in the second quarter of 2016 that surpassed the Zacks Consensus Estimate by 6 cents.
GPI: 60.54 (+0.51), GT: 27.92 (+0.35), GNTX: 17.35 (+0.21), JCI: 45.12 (-0.11)
American Axle (AXL) Beats on Q2 Earnings; Shares Rise
Zacks Equity Research - Zacks Investment Research - Wed Aug 03, 7:49AM CDT
American Axle & Manufacturing Holdings Inc. (AX) posted earnings of 90 cents per share for the second quarter that comfortably beat the Zacks Consensus Estimate of 80 cents.
GT: 27.92 (+0.35), AXL: 17.18 (+0.17), GM: 30.24 (+0.31), JCI: 45.12 (-0.11)
Delphi Automotive (DLPH) Q2 Earnings Beat, View Revised
Zacks Equity Research - Zacks Investment Research - Wed Aug 03, 7:11AM CDT
Delphi Automotive (DLPH) posted a 19% increase in adjusted earnings to $1.59 per share in second-quarter 2016 that surpassed the Zacks Consensus Estimate of $1.55.
VC: 69.76 (+1.61), GNTX: 17.35 (+0.21), DLPH: 64.05 (-1.27), JCI: 45.12 (-0.11)
Fuel efficiency continues to be top criterion for U.S. car buyers
PR Newswire - Wed Aug 03, 6:00AM CDT
American consumers are strongly influenced by both the price of gas and fuel efficiency when purchasing a vehicle, according to a new survey conducted by the Opinion Research Corporation on behalf of Johnson Controls (NYSE: JCI). Of the 1,006 people surveyed, fuel efficiency (57 percent) is top of mind for consumers when they go to buy any size automobile, followed closely by cost (55 percent) and safety (54 percent).
JCI: 45.12 (-0.11)
SmarTrend Watching for Potential Rebound in Shares of Johnson Controls After 1.55% Loss
Comtex SmarTrend(R) - Tue Aug 02, 4:15PM CDT
Johnson Controls (NYSE:JCI) traded in a range yesterday that spanned from a low of $45.01 to a high of $45.83. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $45.27 on volume of 1.9 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
JCI: 45.12 (-0.11)
Honda's (HMC) Q1 Earnings Beat Estimates, Decline Y/Y
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 8:39AM CDT
Honda (HMC) reported consolidated income of ??96.93 per share (94 cents per ADR) in first-quarter fiscal 2017 that surpassed the Zacks Consensus Estimate of 71 cents.
AXL: 17.18 (+0.17), GNTX: 17.35 (+0.21), HMC: 28.32 (+0.27), JCI: 45.12 (-0.11)
Cummins (CMI) Tops Q2 Earnings, Revises Revenue Outlook
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 8:24AM CDT
Cummins Inc.'s (CMI) earnings per share decreased 8.4% to $2.40 in the second quarter of 2016 from $2.62 earned in the year-ago quarter.
GT: 27.92 (+0.35), CMI: 122.28 (+1.24), GNTX: 17.35 (+0.21), JCI: 45.12 (-0.11)
Sonic Automotive's (SAH) Q2 Earnings In Line with Estimates
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 8:22AM CDT
Sonic Automotive Inc. (SAH) recorded earnings per share of 50 cents in the second quarter of 2016 that increased 8.7% from adjusted earnings of 46 cents posted in the year-ago quarter.
GT: 27.92 (+0.35), GNTX: 17.35 (+0.21), SAH: 17.07 (+0.19), JCI: 45.12 (-0.11)
Lithia Motors' (LAD) Q2 Earnings Beat Estimates, Rise Y/Y
Zacks Equity Research - Zacks Investment Research - Mon Aug 01, 7:38AM CDT
Share price of Lithia Motors Inc. (LAD) increased 0.7% to $86.29 on Jul 29 after the company reported better-than-expected bottom-line results for second-quarter 2016.
LAD: 83.79 (+1.26), GT: 27.92 (+0.35), GNTX: 17.35 (+0.21), JCI: 45.12 (-0.11)
Auto Parts Stocks on Investors' Radar -- Johnson Controls, LKQ Corp., Gentex, and Meritor
PR Newswire - Mon Aug 01, 6:50AM CDT
Overall the global automotive industry is expected to experience healthy growth over the next several years. The US automotive aftermarket is expected to grow at a compound annual growth rate of 3.4% through 2017, to an estimated $273.4 billion, according to the Automotive Aftermarket Suppliers Association (AASA). Stock-Callers.com evaluates the following stocks today: Johnson Controls Inc. (NYSE: JCI), LKQ Corp. (NASDAQ: LKQ), Gentex Corp. (NASDAQ: GNTX), and Meritor Inc. (NYSE: MTOR). Learn more about these stocks by downloading their comprehensive and free reports at:
LKQ: 34.86 (+0.36), GNTX: 17.35 (+0.21), MTOR: 9.45 (+1.52), JCI: 45.12 (-0.11)
Johnson Controls announces addition of Barb J. Samardzich to Adient's board of directors
PR Newswire - Fri Jul 29, 8:30AM CDT
Johnson Controls, Inc. (NYSE: JCI) today announced that Adient, the automotive seating and interiors business that it plans to spin off in October, will have Barb J. Samardzich join Adient's board of directors after its separation from Johnson Controls. Ms. Samardzich, has served as vice president and chief operating officer of Ford of Europe since November 2013 and recently announced her retirement from Ford effective October 1, 2016. Ms. Samardzich is the seventh director expected to serve on Adient's board of directors.
JCI: 45.12 (-0.11)
Adient Announces $2.0 Billion Private Placement of USD and EUR Senior Notes and Closing of Credit Facilities
PR Newswire - Fri Jul 29, 8:06AM CDT
Johnson Controls (NYSE: JCI) today announced key elements of the financing strategy for Adient, the automotive seating and interiors business that it plans to spin-off on October 31, 2016.
JCI: 45.12 (-0.11)
Ford's (F) Q2 Earnings Miss Estimates, View Reaffirmed
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 2:09PM CDT
Ford Motor Co. (F) posted adjusted earnings per share of 52 cents in the second quarter of 2016, 2 cents lower than the figure recorded in second-quarter 2015.
F: 12.13 (+0.19), SPAR: 8.39 (+0.10), GNTX: 17.35 (+0.21), JCI: 45.12 (-0.11)
Johnson Controls Set to Possibly Rebound After Yesterday's Selloff of 1.66%
Comtex SmarTrend(R) - Thu Jul 28, 2:01PM CDT
Johnson Controls (NYSE:JCI) traded in a range yesterday that spanned from a low of $45.27 to a high of $45.97. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $45.43 on volume of 1.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
JCI: 45.12 (-0.11)
Johnson Controls (JCI) Breaks Through Support at $46.05
Comtex SmarTrend(R) - Thu Jul 28, 8:37AM CDT
Johnson Controls (NYSE:JCI) has opened bearishly below the pivot of $46.31 today and has reached the first level of support at $46.05. Analysts will be watching for a cross of the next downside pivot targets of $45.83 and $45.35.
JCI: 45.12 (-0.11)
BorgWarner (BWA) Beats on Q2 Earnings, Revises '16 View
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 8:34AM CDT
BorgWarner Inc. (BWA) reported adjusted earnings of 84 cents per share in the second quarter of 2016, higher than 75 cents recorded in the year-ago quarter.
BWA: 32.71 (+0.58), SPAR: 8.39 (+0.10), GNTX: 17.35 (+0.21), JCI: 45.12 (-0.11)
Harley-Davidson (HOG) Q2 Earnings Beat, Revenues in Line
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 8:19AM CDT
Harley-Davidson, Inc. (HOG) reported earnings of $1.55 per share in the second quarter of 2016, which were higher than $1.44 recorded in the year-ago quarter.
HOG: 51.63 (+0.17), SPAR: 8.39 (+0.10), GNTX: 17.35 (+0.21), JCI: 45.12 (-0.11)