APTV Stock Recent News

By now, you've heard of the Internet of Things (IoT) — or the network of physical devices, vehicles and other things embedded with sensors, software and network connectivity, which allows them to collect and share data. That includes smart thermostats, smartwatches, vehicles and industrial machines to name a few.

APTV achieved a +16.0% earnings beat for Q1 2024, on the back of a +2.0 percentage points expansion in its recent quarterly operating margin. Aptiv's updated share repurchase goal of $1.5 billion for the current year implies that the stock is now offering an appealing 2024 buyback yield at the high-single digit percentage level. My bullish view of APTV is supported by the company's above-expectations first quarter EPS and the new 2024 buyback target.

Although the revenue and EPS for Aptiv (APTV) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Aptiv PLC (APTV) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $0.91 per share a year ago.

Besides Wall Street's top -and-bottom-line estimates for Aptiv (APTV), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Aptiv (APTV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Aptiv (APTV) is well-positioned to leverage the growing electrification, connectivity and autonomy trends in the automotive sector.

Aptiv (APTV) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

DUBLIN--(BUSINESS WIRE)--Aptiv PLC (NYSE: APTV), will release its first quarter 2024 financial results on May 2, 2024 and will hold an investor call the same day at 8:00 a.m. EDT. The call will be hosted by Aptiv's Chairman and Chief Executive Officer, Kevin Clark, and Chief Financial Officer and Vice Chairman, Business Operations, Joseph Massaro. A link to the live webcast and presentation materials will be available on the Aptiv Investor Relations website at ir.aptiv.com. A replay will be ava.

Wall Street appears to be softening on America's electric vehicle (EV) champion Tesla (NASDAQ: TSLA ). Tesla shares have fallen 28.5% since the start of trading in 2024, losing its status as one of the “Strong Buy” EV stocks.