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The electric vehicle (EV) market is likely headed toward a slump in 2024. Tesla (NASDAQ: TSLA ) CEO Elon Musk has warned the EV maker could experience slower growth in 2024.
Autoliv (ALV) delivers a comprehensive beat in the fourth quarter. It forecasts full-year 2024 organic sales growth of around 5%.
Although the revenue and EPS for Autoliv, Inc. (ALV) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Autoliv, Inc. (ALV) came out with quarterly earnings of $3.74 per share, beating the Zacks Consensus Estimate of $3.25 per share. This compares to earnings of $1.83 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for Autoliv, Inc. (ALV), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
Autoliv, Inc. (ALV) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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This parts and equipment distributor has plenty of growth prospects coming from industry consolidation. This industrial company's products are part of a global drive to improve automotive safety.