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Visteon Corp  (VC)
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Visteon Corp

VC's Financial Statements and Analysis



Visteon Corp reported in the first quarter of 2024 net earnings per share of $1.50 an increase by 27.12 % year on year from $1.18 and decline of -88.5 % from $13.04 earned in IV. Quarter (Dec 31 2023).


first quarter of 2024
Earnings Per Share Revenues
$ 1.5 $  933 Mill
$+0.32     +27.12 % $-34M     -3.52 %



Visteon's Revenue fell by -3.52 % in first quarter of 2024 (Mar 31 2024) year on year, to $933 million and declined by -5.76 % sequentially.


Visteon is

More on VC's Income Statement



Visteon 's net income of $44.000 million in the first quarter of 2024 increased by 15.79 % from net earnings of $38.000 million achieved in I. Quarter a year ago.

Sequentially net earnings fell by -88.2 % from net income of $373.000 million realized in previous quarter.

More on VC's Growth




Visteon Inventories
Inventories declined by -4.47 % to $342.00 million from I. Quarter a year ago, sequentially inventories rose by 14.77 %. In Mar 31 2024 company's net cash and cash equivalents decreased by $-11 million


Visteon Corp does not pay out common stock dividend.

In trailing twelve-month period Visteon Corp earned $ 12.68 cash per share, on a free-cash flow basis 72.2 % of net earning per share.

Book value grew by 2.80 % sequentially to $40.50 per share, 71.13% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 37.39 per share from $ 36.24.

Company repurchased 0.50 million shares or 1.77 % in Mar 31 2024.
Interest Coverage Ratio was 17.75. Debt Coverage Ratio was 0.84.

More on VC's Dividends

 Market Capitalization (Millions) 3,113
 Shares Outstanding (Millions) 28
 Total Debt (Millions $) 332
 Revenue (TTM) (Millions $) 3,920
 Net Income (TTM) (Millions $) 511
 Cash Flow (TTM) (Millions $) 20
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 25,500




Visteon Corp does not pay out common stock dividend.

In trailing twelve-month period Visteon Corp had $ 12.68 cash flow per share, on a free-cash flow basis 72.2 % of net earning per share.

Book value grew by 2.80 % sequentially to $40.50 per share, 71.13% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 37.39 per share from $ 36.24.

Company repurchased 0.50 million shares or 1.77 % in Mar 31 2024.
Interest Coverage Ratio was 17.75. Debt Coverage Ratio was 0.84.

More on VC's Balance Sheets

 Market Capitalization (Millions) 3,113
 Shares Outstanding (Millions) 28
 Total Debt (Millions $) 332
 Revenue (TTM) (Millions $) 3,920
 Net Income (TTM) (Millions $) 511
 Cash Flow (TTM) (Millions $) 20
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 25,500
   


  News about Visteon Corp Earnings

Subheadline: Visteon Corp Shows Resilience in First Quarter Despite Revenue Decline

Despite a slight decline in revenue, Visteon ...

1 Visteon Corporation's Earnings Boosted by $296 Million Tax Provisions

The recent financial results of Visteon Corporation paint a grim picture for the company's future prospects. Despite a significant increase in earnings per share, driven mainly by a one-time tax provision, the overall revenue of the company has seen a sharp decline. With revenue dropping by nearly 7% year on year and a decrease in net income compared to the previous fiscal period, it is evident that Visteon is facing challenges in maintaining its financial performance.
Furthermore, the company's inventory levels have decreased, which could indicate a slowdown in demand for its products. This, coupled with a decline in accounts receivable, suggests that Visteon may be struggling to generate consistent sal...

Uninspiring Times: Visteon Corp Faces Challenges with Declining Revenue and Earnings in the Third Quarter of 2023



Visteon Corp, a prominent player in the Auto and Truck Parts sector, has experienced a drop in its stock price over the past 30 days. However, over the past 12 months, their stock has seen a significant increase. In addition to the stock performance, recent financial results indicate notable changes in revenue, earnings per share, and profit margins. This article will examine the implications of these results on Visteon Corp's future outlook.
1. Declining Revenue and Earnings:
Despite a decrease in revenue during the third quarter of the 2023 earnings season, Visteon Corp managed to raise its earnings per share. In comparison to the previous year, profits jumped by 50.65% to $2.32 per share...

Visteon Corp Records a 17.65% Drop in Income per Share Despite Revenue Increase in Q2 2023



Visteon Corp, a leading player in the Auto and Truck Parts industry, recently released its second-quarter financial report for 2023. The report showcased a concerning decline in profitability despite a commendable increase in revenue. Despite these mixed results, the company continues to focus on improving its sales and remains a prominent player in the industry.
Profitability Deterioration:
In the second quarter of 2023, Visteon Corp witnessed a decrease of 17.65% in income, falling to $0.70 per share. This decline in profit came as a surprise, considering the impressive revenue growth of 15.92%, totaling $983.00 million. The company's profitability deterioration raises questions about it...


Date modified: 2024-04-26T16:14:35+00:00





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