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Lear Corp (LEA)
NYSE:LEA
Earnings Data
Report Date
May 05, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
3.33Last Year’s EPS
3.12Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a predominantly positive operational and strategic update: strong cash generation, record net performance ($195M), major new business awards (including the largest-ever seating conquest with GM), robust automation and digital initiatives, and aggressive capital return to shareholders. Offsetting items include volume and mix headwinds (notably in E-Systems and certain Seating programs), industry production pressure, one-time restructuring costs in 2026, and timing delays for some thermal comfort targets. Management expects margin improvement and continued net-performance gains in 2026, but near-term growth is tempered by program roll-offs and production changeovers.Company Guidance
Full-Year Revenue and Core Earnings
Full-year revenue of $23.3 billion with core operating earnings of $1.1 billion (4.6% of net sales). Adjusted EPS for the full year was $12.80, a 1% increase versus 2024 (fifth consecutive year-over-year increase).
Quarterly Growth and EPS Momentum
Fourth-quarter sales increased 5% year-over-year; Q4 adjusted EPS was $3.41 versus $2.94 a year ago (≈16% increase), driven by share repurchases and a lower tax rate.
Strong Cash Generation and Share Returns
Operating cash flow of ~$1.1 billion and free cash flow of $527 million for 2025. Repurchased $325 million of shares (exceeding $250M target) and returned nearly $500 million to shareholders including dividends; targeting >80% free cash flow conversion and $300M+ share repurchases in 2026.
Record Net Performance / Operational Savings
Delivered record net performance savings of $195 million in 2025 (56% above original $125M target), contributing ~60 bps to Seating and ~110 bps to E-Systems margins. Idea by Lear initiatives generated $70 million and restructuring delivered $85 million in savings for the year.
Significant New Business Awards
Largest seating conquest award in Lear history: complete seats for GM full-size SUVs and pickup trucks at Orion (launch targeted 2027). E-Systems secured >$1.4 billion in business awards in 2025 (strongest performance in over a decade).
Thermal Comfort Leadership and Pipeline
Secured 33 thermal comfort awards expected to generate ≈$170 million average annual revenue at peak; nine programs already in production and 14 additional launches secured for 2026. Vertical integration (Kongsberg and IGB acquisitions) positions Lear as a unique full-solution supplier.
Digital & Automation Progress
Palantir Foundry reached >17,000 users and 300+ custom apps. Cycle-time deviation tool delivered 3–5% efficiency gains (≈$10M savings in 2025; expected $15M in 2026). Tariff-tracking solution recovered nearly 100% of tariff costs.
Backlog and Future Growth Visibility
Two-year sales backlog of $1.325 billion with $725 million expected net new business in 2027 (≈$465M Seating, $260M E-Systems). At midpoint, 2026 revenue guidance $23.2–$24.0B (≈+2% YoY) and core operating earnings guided to $1.03–$1.2B (midpoint ≈+5% YoY).
LEA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LEA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 04, 2026 | $119.60 | $132.45 | +10.74% |
Oct 31, 2025 | $102.77 | $103.89 | +1.09% |
Jul 25, 2025 | $106.61 | $97.98 | -8.09% |
May 06, 2025 | $86.36 | $84.22 | -2.48% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Lear Corp (LEA) report earnings?
Lear Corp (LEA) is schdueled to report earning on May 05, 2026, Before Open (Confirmed).
What is Lear Corp (LEA) earnings time?
Lear Corp (LEA) earnings time is at May 05, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LEA EPS forecast?
LEA EPS forecast for the fiscal quarter 2026 (Q1) is 3.33.