PHINIA (NYSE:PHIN – Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, April 25th. Analysts expect PHINIA to post earnings of $0.74 per share for the quarter. PHINIA has set its FY 2024 guidance at EPS.Investors that are interested in participating in the company’s conference call can do so using this link.
PHINIA (NYSE:PHIN – Get Free Report) last released its earnings results on Wednesday, February 21st. The company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.65 by $0.06. The company had revenue of $882.00 million during the quarter, compared to analysts’ expectations of $900.00 million. PHINIA’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.75 earnings per share. On average, analysts expect PHINIA to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.
PHINIA Trading Up 3.3 %
Shares of PHIN opened at $38.69 on Tuesday. The company’s fifty day moving average is $36.11 and its two-hundred day moving average is $30.74. PHINIA has a fifty-two week low of $23.46 and a fifty-two week high of $40.12. The company has a current ratio of 1.68, a quick ratio of 1.25 and a debt-to-equity ratio of 0.38.
PHINIA Announces Dividend
Analysts Set New Price Targets
Separately, Morgan Stanley began coverage on shares of PHINIA in a research report on Monday, March 11th. They set an “overweight” rating and a $50.00 price target for the company.
View Our Latest Stock Analysis on PHIN
PHINIA Company Profile
PHINIA Inc engages in the development, design, and manufacture of integrated components and systems that optimize performance, increase efficiency, and reduce emissions in combustion and hybrid propulsion for commercial and light vehicles, and industrial applications. The company operates through Fuel Systems and Aftermarket segments.
Further Reading
- Five stocks we like better than PHINIA
- How to invest in blue chip stocks
- It’s Time to Buy Into the Super Micro Computer Stock Implosion
- What is the NASDAQ Stock Exchange?
- Merger or Not, Albertson’s Companies is a Good Buy
- What is the Hang Seng index?
- 3 Cheap Stocks That Shouldn’t Be So
Receive News & Ratings for PHINIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PHINIA and related companies with MarketBeat.com's FREE daily email newsletter.