Aptiv reports Q1 adjusted EPS $1.71, consensus $1.58

Reports Q1 revenue $5.1B, consensus $5.03B. “We continued Aptiv’s (APTV) strategic evolution with the successful spin-off of our EDS business as Versigent on April 1,” said Kevin Clark, chair and chief executive officer. “Our value proposition is now even stronger, with a sharper focus on enabling devices and systems to sense, think, act, and optimize across industries. Through our comprehensive tech stack of advanced software and optimized hardware, and our robust operating model, we deliver performance and value at global scale for customers across multiple end markets. We are focused on delivering an attractive financial profile, with our strong free cash flow generation enabling incremental value creation opportunities.”