Borg Warner Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Borg Warner Inc. (BWA) revealed a profit for its third quarter that rose from the same period last year.

The company's profit came in at $203.8 million, or $0.98 per share. This compares with $184.9 million, or $0.88 per share, in last year's third quarter.

Analysts had expected the company to earn $0.99 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.5% to $2.48 billion from $2.42 billion last year.

Borg Warner Inc. earnings at a glance:

-EPS (Q3): $1.00 vs. $0.95 last year. -Analysts Estimate: $0.99 -Revenue (Q3): $2.48 Bln vs. $2.42 Bln last year.

-Guidance: Next quarter EPS guidance: $1.07 - $1.12 Full year EPS guidance: $4.35 - $4.40 Full year revenue guidance: $10.49 - $10.58 Bln