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Visteon (VC)
NASDAQ:VC
Holding VC?
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Earnings Data
Report Date
Feb 20, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
1.93Last Year’s EPS
13.01Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: -4.09%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Positive
Visteon reported a strong quarter with significant growth and profitability metrics, underpinned by robust demand for its digital cockpit and electrification products. Despite challenges in China and some market softness in Europe, the company's strategic diversification and strong operational execution led to record free cash flow and positive earnings guidance.Company Guidance
During the third quarter of 2024, Visteon reported robust performance with sales nearing $1 billion, capitalizing on strong demand for digital cockpit and electrification products, despite challenges in China which impacted growth over market. The company achieved an adjusted EBITDA of $119 million, translating to a 12.1% margin, and generated $73 million in adjusted free cash flow, contributing to a year-to-date record of $135 million. Visteon successfully launched 30 products in Q3, totaling 71 launches for the year, and secured $1.8 billion in new business wins, elevating the year-to-date total to $4.9 billion with a target to exceed $6 billion by year-end. The company also updated its full-year guidance, projecting sales between $3.85 billion and $3.9 billion, adjusted EBITDA of $465 million to $480 million, and adjusted free cash flow of $165 million to $185 million, reflecting strong operational performance and strategic cost management. Despite regional challenges, Visteon continues to emphasize its diversified portfolio and strategic growth initiatives, aiming for sustained market outperformance and financial resilience.Strong Third Quarter Performance
Visteon delivered strong results for the third quarter with sales just under $1 billion, driven by high demand for digital cockpit and electrification products, achieving a 6% growth over market excluding China.
Record High Adjusted Free Cash Flow
Adjusted free cash flow was $73 million in Q3, leading to a year-to-date total of $135 million, the highest on record.
Significant New Business Wins
The company won $1.8 billion in new business in Q3, with a year-to-date total of $4.9 billion, positioning it to meet its target of over $6 billion in new business for the full year.
Diverse Product Launches
Visteon launched 30 new products in Q3, bringing the year-to-date total to 71, with launches balanced across regions and products.
Positive EBITDA Margins
Achieved an adjusted EBITDA of $119 million with a margin of 12.1% in Q3, reflecting strong operational performance and cost control.
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VC 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
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VC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $87.61 | $92.47 | +5.55% |
| Jul 25, 2024 | $106.37 | $113.11 | +6.34% |
| Apr 25, 2024 | $111.14 | $109.66 | -1.33% |
| Feb 20, 2024 | $119.06 | $117.54 | -1.28% |
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.
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FAQ
When does Visteon (VC) report earnings?
Visteon (VC) is schdueled to report earning on Feb 20, 2025, TBA Not Confirmed.
What is Visteon (VC) earnings time?
Visteon (VC) earnings time is at Feb 20, 2025, TBA Not 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 VC EPS forecast?
VC EPS forecast for the fiscal quarter 2024 (Q4) is 1.93.
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