Lear reports Q2 adjusted EPS $3.47, consensus $3.30

Reports Q2 revenue $6.03B, consensus $5.93B. “Lear (LEA) continued its momentum from the start of the year through the second quarter, with strong operating performance driving solid margins in both business segments,” said Ray Scott, Lear’s President and CEO. “Our investments in automation and restructuring will extend our industry leadership in operational excellence and drive sustainable margin improvement that will allow us to continue returning capital to shareholders through share repurchases and dividends.”