BWA Stock Recent News

The automotive component supplier's strategic focus on the electric vehicle market is shaping its results.

BorgWarner (BWA) reports mixed second-quarter results and expects full-year 2024 net sales in the band of $14.1-$14.4 billion, down from the previous estimate of $14.4-$14.9 billion.

BorgWarner Inc. (NYSE:BWA ) Q2 2024 Earnings Conference Call July 31, 2024 9:30 AM ET Company Participants Patrick Nolan - Vice President of Investor Relations Frédéric Lissalde - President & Chief Executive Officer Craig Aaron - Chief Financial Officer Conference Call Participants John Murphy - Bank of America Colin Langan - Wells Fargo Chris McNally - Evercore Joe Spak - UBS Dan Levy - Barclays Mark Delaney - Goldman Sachs Adam Jonas - Morgan Stanley James Picariello - BNP Paribas Operator Good morning, everyone. My name is Beau, and I will be your conference facilitator.

The headline numbers for BorgWarner (BWA) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

BorgWarner (BWA) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $0.98 per share. This compares to earnings of $1.35 per share a year ago.

eXD (electric cross differential) improves vehicle traction, handling and stability Technology is applicable to all architectures, including front and rear drive units Highlights BorgWarner's proven capabilities to offer intelligent vehicle propulsion systems to customers on a global basis AUBURN HILLS, Mich. , July 31, 2024 /PRNewswire/ -- BorgWarner has secured contracts to supply its electric cross differential (eXD) to three major OEMs, including GAC Motor, a Global East Asian OEM, and a Global OEM based in Europe.

Contracts for two different exhaust gas recirculation (EGR) coolers awarded Result of strong relationship development and technology leadership Proprietary compact floating core architecture enables high levels of reliability, extends product life AUBURN HILLS, Mich. , July 31, 2024 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, is boosting its thermal management product business by securing exhaust gas recirculation (EGR) cooler contracts with a prominent, North America based commercial vehicle (CV) customer.

Marks the company's largest eFan business win in North America eFan can reach up to 10 kW power and 40 Nm torque System's e-motor and power electronics are liquid cooled for long-term reliability AUBURN HILLS, Mich. , July 31, 2024 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, has secured a contract to deliver its high-voltage eFan system for use on a major global OEM's series of heavy- and medium-duty battery electric vehicles (BEVs) in North America.

AUBURN HILLS, Mich. , July 31, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported second quarter results.

AUBURN HILLS, Mich. , July 24, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What:               BorgWarner 2024 Second Quarter Results Conference CallWhen:              July 31, 2024 @ 9:30am Eastern Time Where:            www.borgwarner.com/investors How:                Live over the Internet -- Simply log on to the web at the address above.