Autoliv IncAutoliv is about to report Q2 results; market expects 1.7% revenue growth, but company has missed revenue estimates multiple times recently.
Autoliv is set to report its second-quarter results before the bell on Friday. The market expects revenue to grow 1.7% year on year, a slowdown from the 4.2% increase recorded in the same quarter last year. Analysts have generally reconfirmed their estimates over the last 30 days, though the company has missed Wall Street's revenue estimates multiple times over the past two years. Last quarter, Autoliv beat revenue expectations with $2.75 billion, up 6.8% year on year, and also exceeded EPS estimates. The stock enters earnings with an average analyst price target of $133.82, compared to the current share price of $122.82.
Autoliv IncAutoliv is about to report Q2 results; market expects 1.7% revenue growth, but company has missed revenue estimates multiple times recently.