Visteon Corp. Q4 Profit Decreases, But Beats Estimates

(RTTNews) - Visteon Corp. (VC) reported a profit for fourth quarter that decreased from the same period last year but beat the Street estimates.

The company's earnings totaled $122.00 million, or $4.37 per share. This compares with $366.00 million, or $12.98 per share, last year.

Excluding items, Visteon Corp. reported adjusted earnings of $124.00 million or $4.44 per share for the period.

Analysts on average had expected the company to earn $1.97 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 5.2% to $939.00 million from $990.00 million last year.

Visteon Corp. earnings at a glance (GAAP) :

-Earnings: $122.00 Mln. vs. $366.00 Mln. last year. -EPS: $4.37 vs. $12.98 last year. -Revenue: $939.00 Mln vs. $990.00 Mln last year.

FY25 Revenue Guidance $3.65 Bln - $3.85 Bln