Canada's Magna International missed first-quarter profit estimates and cut its full-year overall sales forecast on Friday, as auto parts suppliers navigate ongoing supply constraints and bumpy demand for electric vehicles. Auto parts suppliers have been struggling with lower-than-expected demand for their EV components, as carmakers shift their focus toward producing affordable hybrid vehicles instead. Magna, which produces powertrains, along with assembling complete vehicles, signed agreements with Fisker in 2020 to engineer and manufacture its Ocean SUV.
DENTSPLY SIRONA Inc. (NASDAQ:XRAY) Q1 2024 Earnings Call Transcript May 2, 2024 DENTSPLY SIRONA Inc. reports earnings inline with expectations. Reported EPS is $0.42 EPS, expectations were $0.42. DENTSPLY SIRONA Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good […]
Gevo, Inc. (NASDAQ:GEVO) Q1 2024 Earnings Call Transcript May 2, 2024 Gevo, Inc. misses on earnings expectations. Reported EPS is $-0.08 EPS, expectations were $-0.06. Gevo, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day and thank you […]
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