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Visteon Q3 net income of $5 million misses estimates

Associated Press ·

VC
VC Visteon Corp
$81.70 -3.69%
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  1. 1Visteon Corp. recorded a net income of $5 million in the third quarter.
  2. 2Visteon Corp.'s third-quarter earnings per share of 19 cents fell short of the $2.25 estimate from 4 analysts surveyed by Zacks Investment Research.
  3. 3Visteon Corp.'s revenue of $970 million during the period exceeded market expectations.

So what's the key point?

Visteon Corp. earned $5 million in profit during the third quarter. While revenue was higher than experts expected, earnings per share did not reach the $2.25 estimate.

Source Associated Press · View original ↗

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