Previous close | 8.06 |
Open | 8.09 |
Bid | 8.72 x 100 |
Ask | 8.81 x 100 |
Day's range | 8.09 - 8.78 |
52-week range | 6.43 - 10.16 |
Volume | |
Avg. volume | 938,679 |
Market cap | 1.915B |
Beta (5Y monthly) | 1.22 |
PE ratio (TTM) | 4.15 |
EPS (TTM) | 2.11 |
Earnings date | 22 Oct 2024 - 28 Oct 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 12.50 |
Garrett Motion (GTX) delivered earnings and revenue surprises of 16.67% and 6.32%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?
ROLLE, Switzerland (AP) — Garrett Motion Inc. GTX) on Thursday reported profit of $64 million in its second quarter. The Rolle, Switzerland-based company said it had net income of 28 cents per share.
Second Quarter 2024 Highlights Net sales totaled $890 million, down 12% on a reported basis and down 10% at constant currency*Net income totaled $64 million; Net income margin of 7.2%Adjusted EBITDA* totaled $150 million; Adjusted EBITDA margin* of 16.9%Net cash provided by operating activities totaled $126 millionAdjusted free cash flow* totaled $62 millionRepurchased $65 million of Common Stock Updated Full Year 2024 Outlook Net sales of $3,570 millionNet income of $275 million; Net income mar