10-Q quarterly report · filed Oct 23, 2015

Lear Corp (LEA) Q3 2015 10-Q Quarterly Report

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Lear Corp (LEA) filed its Q3 2015 10-Q quarterly report on Oct 23, 2015 for the quarter ended Sep 26, 2015.

Lear Corp Q3 2015 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Third-quarter revenue $4,330.3 million, up from $4,232.7 million YoY
  • Pretax margin 6.0% vs 4.7% YoY, based on income before taxes of $259.5 million vs $197.7 million
  • Seating best performer: revenue $3,357.1 million, segment earnings $234.2 million; Electrical revenue $973.2 million, earnings $132.6 million
  • Nine-month operating cash flow $686.0 million vs $411.7 million; cash $922.8 million vs $1,094.1 million at December 31, 2014
  • Capital deployment: Eagle Ottawa acquisition $465.3 million, capital expenditures $327.7 million, share repurchases $383.0 million over nine months

Risk Factors

  • No material changes to 2014 Form 10-K risk factors disclosed
  • Carried-forward risks unchanged from the December 31, 2014 Form 10-K
  • No new regulatory, legal, compliance, operational, competitive, market, or financial risks identified

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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