Garrett Motion (GTX) Scheduled to Post Earnings on Tuesday

Garrett Motion (NYSE:GTX) is scheduled to release its earnings data before the market opens on Tuesday, July 30th. Analysts expect Garrett Motion to post earnings of $0.82 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Garrett Motion (NYSE:GTX) last posted its earnings results on Tuesday, May 7th. The company reported $0.97 EPS for the quarter, topping the Zacks’ consensus estimate of $0.80 by $0.17. The firm had revenue of $835.00 million for the quarter, compared to analysts’ expectations of $835.79 million. The company’s revenue for the quarter was down 8.7% compared to the same quarter last year. On average, analysts expect Garrett Motion to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

GTX opened at $14.79 on Monday. The business’s fifty day moving average price is $15.03. Garrett Motion has a one year low of $11.01 and a one year high of $22.00.

Separately, Zacks Investment Research downgraded Eisai from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 24th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $15.00.

About Garrett Motion

Garrett Motion Inc designs, manufactures, and sells turbocharger and electric boosting technologies for light and commercial vehicle original equipment manufacturers and the aftermarket worldwide. The company offers light vehicle gasoline and diesel, and commercial vehicle turbochargers. Its integrated vehicle health management tools detect intermittent faults and anomalies to provide understanding of the real-time health of a vehicle system.

Further Reading: Buy-Side Analysts

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