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Visteon VC Q2 2024 earnings

Reported July 25, 2024 · Before market open

Revenue$1.0BMiss by $4.4M
EPS$2.54Beat by $0.57
Revenue estimate$1.0B
EPS estimate$1.97

Next report

Oct 22, 2026 (in 3 months)
Revenue estimate$940.8M
EPS estimate$2.38

Financials

Q2 2024

Income statement

See full
Revenue$1.0B+3.2%
Gross profit$147.0M+41.3%
Net income$83.0M+315%
EPS (diluted)$2.97+324%

Balance sheet

See full
Cash & equivalents$508.0M+10.7%
Total debt$441.0M-6.4%
Total equity$1.2B+72.1%
Total assets$2.8B+22.0%

Cash flow

See full
Operating cash flow$57.0M-6.6%

Valuation & ratios

Valuation

as of 06/30/24
See full
Market cap$2.94B-27.0%
Enterprise value$2.88B-28.9%
P/E4.6×-26.0×
P/S0.7×-0.3×

Profitability

See full
Gross margin13.6%+2.9pp
Net margin16.3%+13.1pp

Returns & leverage

See full
Return on equity67.3%+45.9pp
Debt / equity0.4×-0.3×
Current ratio1.9×+0.1×

Segments

By geography

See full
Americas$364.0M+24.7%
Europe$328.0M-0.6%
North America$298.5M
Asia-Pacific, Excluding China$179.5M
Other Asia-Pacific$168.0M+4.3%

By product

See full
Instrument clusters$448.0M-6.1%
Body and electrification$152.0M+111%
Cockpit domain controller$145.0M+5.1%
Infotainment$119.0M-5.6%
Information displays$104.0M+15.6%

Versus estimates

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Questions, answered.

When did Visteon report Q2 2024 earnings?
Visteon (VC) reported Q2 2024 earnings on July 25, 2024 before market open.
What were Visteon's Q2 2024 revenue and EPS?
Visteon reported revenue of $1.0B and eps of $2.54 for Q2 2024.
Did Visteon beat estimates in Q2 2024?
Revenue missed the consensus estimate of $1.0B by $4.4M. EPS beat the consensus estimate of $1.97 by $0.57.
Where can I find Visteon's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0001111335-24-000121) directly on SEC EDGAR. The filing index links above go to sec.gov.