Zacks: Brokerages Expect Visteon Co. (NYSE:VC) to Announce $0.76 Earnings Per Share

Equities research analysts expect that Visteon Co. (NYSE:VCGet Rating) will post earnings per share of $0.76 for the current fiscal quarter, Zacks reports. Five analysts have issued estimates for Visteon’s earnings, with the lowest EPS estimate coming in at $0.70 and the highest estimate coming in at $0.88. Visteon reported earnings of $0.56 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 35.7%. The firm is scheduled to announce its next quarterly earnings results before the market opens on Monday, January 1st.

On average, analysts expect that Visteon will report full year earnings of $4.42 per share for the current financial year, with EPS estimates ranging from $4.00 to $4.64. For the next year, analysts anticipate that the firm will report earnings of $7.58 per share, with EPS estimates ranging from $6.91 to $8.50. Zacks’ EPS calculations are a mean average based on a survey of sell-side research firms that follow Visteon.

Several equities analysts recently commented on VC shares. The Goldman Sachs Group upgraded shares of Visteon from a “neutral” rating to a “buy” rating in a research note on Tuesday, February 22nd. StockNews.com initiated coverage on shares of Visteon in a report on Thursday, March 31st. They issued a “hold” rating for the company.

VC stock traded down $0.39 during trading hours on Monday, hitting $94.16. The company’s stock had a trading volume of 525 shares, compared to its average volume of 340,647. The stock has a 50 day moving average of $107.68. Visteon has a 12 month low of $91.59 and a 12 month high of $134.57.

Visteon Company Profile (Get Rating)

Visteon Corporation, an automotive technology company, engineers, designs, and manufactures automotive electronics and connected car solutions for vehicle manufacturers worldwide. The company provides instrument clusters, including analog gauge clusters to 2-D and 3-D display-based devices; information displays that integrate a range of user interface technologies and graphics management capabilities, such as 3-D, active privacy, TrueColor enhancement, cameras, optics, haptic feedback, and light effects; and Phoenix, a display audio and embedded infotainment platform, as well as onboard artificial intelligence-based voice assistant with natural language understanding.

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