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BorgWarner Inc (BWA.N)

BWA.N on New York Stock Exchange

52.76USD
20 Apr 2018
Change (% chg)

$0.09 (+0.17%)
Prev Close
$52.67
Open
$52.72
Day's High
$53.01
Day's Low
$52.29
Volume
358,167
Avg. Vol
397,066
52-wk High
$58.22
52-wk Low
$39.39

Latest Key Developments (Source: Significant Developments)

Borgwarner Updates 2020 Revenue Outlook To $11.5 Bln - $11.8 Bln, Supporting A 5 pct-7 pct Organic Growth Over Next Three Years
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - Borgwarner Inc ::BORGWARNER UPDATES 2020 REVENUE OUTLOOK TO $11.5 BILLION - $11.8 BILLION, SUPPORTING A 5% TO 7% ORGANIC GROWTH OVER THE NEXT THREE YEARS.SEES FY 2018 EARNINGS PER SHARE $4.15 TO $4.25.SEES FY 2020 REVENUE $11.5 BILLION TO $11.8 BILLION.SEES FY 2018 SALES UP 5 TO 7 PERCENT.SEES FY 2018 SALES $10.4 BILLION TO $10.6 BILLION.- ‍EXPECTS ITS NET NEW BUSINESS BACKLOG TO DRIVE A COMPOUND ANNUAL ORGANIC GROWTH RATE OF 5.0% - 7.0% FROM 2017 THROUGH 2020​.SEES ‍ Q1 2018 ORGANIC NET SALES GROWTH OF 3.0% TO 5.5% COMPARED WITH Q1 2017 NET SALES OF $2.41 BILLION​.- SEES Q1 2018 NET EARNINGS OF $0.97 TO $1.01 PER DILUTED SHARE.- SEES SHARE REPURCHASES OF APPROXIMATELY $100 MILLION IN 2018.- ‍ FOREIGN CURRENCIES ARE EXPECTED TO INCREASE SALES IN Q1 2018 BY $70 MILLION, OR +2.9%​.Q1 EARNINGS PER SHARE VIEW $1.04, REVENUE VIEW $2.65 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $4.19, REVENUE VIEW $10.34 BILLION -- THOMSON REUTERS I/B/E/S.BORGWARNER - SEES FY 2018 FOREIGN CURRENCIES ARE EXPECTED TO INCREASE SALES BY $75 MILLION, PRIMARILY DUE TO APPRECIATION OF EURO.BORGWARNER SEES ‍FOR FULL YEAR 2018 FREE CASH FLOW WITHIN A RANGE OF $500 MILLION TO $550 MILLION​.  Full Article

Borgwarner says ‍board declared a 21 pct increase in quarterly cash dividend to $0.17 per share of common stock​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Borgwarner Inc :Borgwarner Inc says ‍board declared a 21% increase in quarterly cash dividend to $0.17 per share of common stock​.  Full Article

Borgwarner Q3 earnings per share view $0.88 -- thomson reuters i/b/e/s
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Borgwarner Inc :Borgwarner reports third quarter 2017 U.S. GAAP net earnings of $0.88 per diluted share, or $0.95 per diluted share excluding non-comparable items.Q3 earnings per share $0.95 excluding items.Q3 gaap earnings per share $0.88.Q3 sales $2.416 billion versus I/B/E/S view $2.26 billion.Q3 earnings per share view $0.88 -- Thomson Reuters I/B/E/S.Sees Q4 2017 earnings per share $0.99 to $1.01.Borgwarner Inc sees ‍full year 2017 net sales expected to be $9.67 billion - $9.70 billion​.Says for Q4 2017, ‍foreign currencies are expected to increase sales by approximately $85 million​.Borgwarner Inc - sees full year 2017 ‍net earnings to be within a range of $3.81 to $3.83 per diluted share​.  Full Article

BorgWarner Q2 earnings per share $0.76
Thursday, 28 Jul 2016 

BorgWarner Inc : Sees FY 2016 earnings per share $3.16 to $3.32 . BorgWarner reports second quarter 2016 U.S. GAAP net earnings of $0.76 per diluted share, or $0.84 per diluted share excluding non-comparable items . Q2 GAAP earnings per share $0.76 . Q2 sales $2.329 billion versus I/B/E/S view $2.33 billion . Q2 earnings per share view $0.81 -- Thomson Reuters I/B/E/S . Sees Q3 2016 earnings per share $0.74 to $0.81 . Q2 earnings per share $0.84 excluding items . Narrows full year guidance to high end of previous range . Q3 2016 net sales growth is expected to be within a range of 13.0% to 20.8% compared with Q3 2015 . 2016 net sales growth is now expected to be within a range of 13.7% to 17.5% compared with 2015 . Excluding impact of foreign currencies and Remy acquisition, 2016 net sales growth now expected to be within a range of 3.0% to 5.5%. . 2016 net earnings are now expected to be within a range of $3.16 to $3.32 per diluted share . Q3 earnings per share view $0.77, revenue view $2.18 billion -- Thomson Reuters I/B/E/S .FY2016 earnings per share view $3.23, revenue view $9.11 billion -- Thomson Reuters I/B/E/S.  Full Article

Borgwarner sets quarterly cash dividend of $0.13/shr
Wednesday, 27 Jul 2016 

Borgwarner Inc :Sets quarterly cash dividend of $0.13per share.  Full Article

Borgwarner says will do M&A to enable path to electrification-Wells Fargo Conf
Tuesday, 10 May 2016 

Borgwarner Inc : Says watching North America vehicle inventory levels on concerns related to slow down in auto industry later this year . Says sees 30 pct of vehicles to have some sort of electrified powertrain by 2025, but only 5 pct to be pure electric . Says lot of runway left for internal combustion engines . Says building rapidly its power electronics and software capability; and says is not done with M&A . Says will do additional M&A to enable path to electrification Further company coverage: [BWA.N] (Bengaluru Newsroom: +1-646-223-8780).  Full Article

BRIEF-Borgwarner CEO's Total 2017 Compensation Was $14.1 Mln

* BORGWARNER INC SAYS CEO JAMES R. VERRIER'S TOTAL FY 2017 COMPENSATION WAS $14.1 MILLION VERSUS $12.4 MILLION IN FY 2016 - SEC FILING‍​ Source text: (http://bit.ly/2pgJTRm) Further company coverage: