Delphi Automotive PLC (DLPH) recently reported fourth-quarter earnings of US$344 million.
The Gillingham, United Kingdom-based company said it had net income of US$1.16 per share. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, were US$1.32 per share.
The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of US$1.26 per share.
The vehicle parts maker posted revenue of US$4.15 billion in the period, which missed Street forecasts. Analysts expected US$4.22 billion, according to Zacks.
For the year, the company reported profit of US$1.35 billion, or US$4.48 per share. Revenue was reported as US$17.02 billion.
For the current quarter ending in March, Delphi Automotive expects its per-share earnings to range from US$1.15 to US$1.30.
The company said it expects revenue in the range of US$4.15 billion to US$4.25 billion for the fiscal first quarter.
Delphi Automotive expects full-year earnings in the range of US$5.35 to US$5.65 per share, with revenue ranging from US$17.1 billion to US$17.5 billion.
Delphi Automotive shares have increased slightly since the beginning of the year, while the Standard & Poor’s 500 index has declined nearly 1 %. The stock has climbed 21 % in the last 12 months.