BorgWarner Backs FY18 EPS, Organic Sales Growth Forecast - Quick Facts

(RTTNews) - BorgWarner Inc. (BWA), a provider of technology solutions, on Thursday continued to project net earnings for the full year 2018 in a range of $4.45 to $4.50 per share.

Full-year net sales are also still expected between $10.49 billion and $10.58 billion, implying organic sales growth of about 4.5 to 5.5 percent. The acquisition of Sevcon will increase sales by about $57 million.

On average, analysts polled by Thomson Reuters expect earnings of $4.38 per share on sales of $10.54 billion for the year. Analysts' estimates typically exclude special items.

Further, the company established a fourth-quarter net earnings forecast in the range of $1.07 to $1.12 per share on organic net sales growth of 1.0 to 4.5 percent. Analysts expect earnings of $1.11 per share for the quarter.