Autoliv IncALV
▼ NegativeCapitalrelevance
Q2 adjusted EPS missed consensus despite sales beat, and operating margin declined year-over-year.
Impact on stocks 1
Consumer Discretionary
Autoliv IncAutoliv shares fell 5% premarket after the automotive safety supplier reported second-quarter adjusted earnings per share of $2.43, missing the analyst consensus of $2.46. Revenue reached $2.8 billion, exceeding the $2.77 billion estimate and marking a 3.3% increase from the prior-year quarter, with organic sales growth of 1.0% outpacing a 0.3% decline in global light vehicle production. Operating margin declined to 6.8% from 9.1%, though adjusted operating margin improved to 9.6% from 9.3%, supported by direct material cost savings. Sales to Chinese original equipment manufacturers grew more than 40%, and Chinese OEMs now account for 55% of sales in China, while sales in India grew more than 35%. The company maintained its fiscal 2026 guidance of around 0% organic sales growth and an adjusted operating margin of around 10.5% to 11%, with operating cash flow of around $1.2 billion.
Autoliv IncQ2 adjusted EPS missed consensus despite sales beat, and operating margin declined year-over-year.