Lear Corp
LEA: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| yph | LOCK|!f#>Y | LOCK|!n$c%yj |
Lear Earnings: Good Quarter Yields Profit and EPS Growth
Lear’s third-quarter earnings saw adjusted EPS up 33% year over year to $3.71, ahead of the $3.37 LSEG consensus and helping the stock rise 0.9% on Oct. 30. Core operating earnings increased 6.1%, and the firm repurchased $175 million of stock to meet its full-year spending goal of $350 million.
