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Delphi Technologies (DLPH) Q4 Earnings: What's in Store?

Zacks Equity Research

Delphi Technologies PLC DLPH is scheduled to report fourth-quarter 2018 results on Feb 21, before the opening bell.

Over the past year, shares of Delphi Technologies have declined 63.2% against the 11.6% rise of the industry it belongs to.

 

Let's check out how things are shaping up for the announcement.

Top Line to Decline Year Over Year

The Zacks Consensus Estimate for fourth-quarter 2018 revenues is pegged at $1.18 billion, indicating year-over-year decrease of 8.7%. The top line is expected to be hurt byweakness in China, which is likely to be partially offset by strength across Power Electronics and Commercial Vehicle Systems. In third-quarter 2018, revenues of $1.16 billion were down 3.8% year over year.

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Segment-wise, Powertrain Systems revenues are expected to be hurt by lower revenues in passenger car diesel, the impact of WLTP and softness in GDi. Revenues for Delphi Technologies Aftermarket should suffer from lower sales through the OES channel.

Bottom Line Expectations

The Zacks Consensus Estimate for earnings per share in the to-be-reported quarter is pegged at 89 cents, indicating year-over-year decline of 28.2%. The bottom line is expected to be hurt by unfavorable product mix, interest expense related to the issuance of debt in 2017 and spin-related costs associated with becoming a standalone public company.

In third-quarter 2018, adjusted earnings of 72 cents per share decreased 42.4% year over year.

What Our Model Says

Please note that according to the Zacks model, a company with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) has a good chance of beating estimates if it also has a positive Earnings ESP. Zacks Rank #4 (Sell) or 5 (Strong Sell) stocks are best avoided, especially when the company is seeing negative estimate revisions. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .

Delphi Technologies has an Earnings ESP of -5.69% and a Zacks Rank #3.

Delphi Technologies PLC Price and EPS Surprise

 

Delphi Technologies PLC Price and EPS Surprise | Delphi Technologies PLC Quote

Stocks to Consider

Here are a few stocks from the broader Zacks Business Services sector that investors may consider as our model shows that these have the right combination of elements to beat estimates.

Stericycle SRCL has an Earnings ESP of +3.04% and a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

IQVIA Holdings IQV has an Earnings ESP of +0.85% and a Zacks Rank #3.

Republic Services RSG has an Earnings ESP of +0.33% and a Zacks Rank #3.

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Delphi Technologies PLC (DLPH) : Free Stock Analysis Report
 
Stericycle, Inc. (SRCL) : Free Stock Analysis Report
 
Republic Services, Inc. (RSG) : Free Stock Analysis Report
 
IQVIA Holdings Inc. (IQV) : Free Stock Analysis Report
 
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