The X-News Explorer is the ultimate source of information for investors with an affinity for the stock market who want to get a quick and convenient overview of the current news situation of a listed company. Various newswire services are available here. If a news alert is displayed, you will find company news that may be of interest to you. This service is provided by PR-Newswire.
SOUTHFIELD, Mich., April 4, 2025 /PRNewswire/ -- Lear Corporation will hold a conference call to review the company's first quarter 2025 financial results and related matters on May 6, 2025, at 9:00 a.m. EDT.
To participate in the conference call:
Webcast link: click hereToll-free calls: 877-883-0383International calls: 412-902-6506The conference code is 6699126.
You also may listen to the live audio webcast of the call, in listen-only mode, on Lear's Investor Relations website at ir.lear.com. The webcast replay will be available two hours following the call.
SOUTHFIELD, Mich., March 12, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, recently announced a key engineering integration with General Motors, beginning in the second quarter of 2025. A first of its kind, the ComfortMax Seat integrates thermal comfort technologies into trim covers, providing occupant comfort and well-being, superior thermal management and improved manufacturing efficiency.
SOUTHFIELD, Mich., March 10, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a virtual fireside chat on March 18, 2025, during the Wolfe Research Virtual Autos Summit.
Representing Lear will be:
Ray Scott, President and CEOJason Cardew, SVP and Chief Financial OfficerLear's webcast will begin at 10:00 AM EDT and will run approximately 40 minutes. The webcast link will be available on the Company's website at ir.lear.com.
SOUTHFIELD, Mich., Feb. 18, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that Julian Blissett, former Executive Vice President and President General Motors (GM) China, has been appointed to the Company's Board of Directors.
"Julian's extensive global experience, including two decades working in China, allows him to bring valuable strategic and operational insights to Lear," said Greg Smith, Lear's Non-Executive Chair of its Board of Directors. "We are pleased to welcome Julian to the Lear team, where he will contribute to Lear's continued growth and success."
SOUTHFIELD, Mich., Feb. 18, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has purchased StoneShield Engineering, a privately held system integrator based in Castelo Branco, Portugal.
Founded in 2017, StoneShield Engineering specializes in the design and development of automation technology for the wire harness industry. Key areas of expertise include robotics, automated taping applications and high voltage harness assembly.
SOUTHFIELD, Mich., Feb. 14, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the Company's common stock. The dividend is payable on March 26, 2025, to shareholders of record at the close of business on March 6, 2025.
SOUTHFIELD, Mich., Feb. 6, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the fourth quarter and full year 2024 and provided its financial outlook for the full year 2025.
Fourth Quarter 2024 Highlights
Delivered revenue of $5.7 billion in the fourth quarter, compared to $5.8 billion in the fourth quarter of 2023Net income of $88 million and adjusted net income of $161 million, compared to $127 million and $177 million, respectively, in the fourth quarter of 2023Core operating earnings of $258 million, compared to $288 million in the fourth quarter of 2023Earnings per share of $1.61 and adjusted earnings per share of $2.94, compared to $2.18 and $3.03, respectively, in the fourth quarter of 2023Net cash provided by operating activities of $681 million and free cash flow of $489 million, compared to $570 million and $377 million, respectively, in the fourth quarter of 2023Repurchased $101 million of shares and paid $42 million in dividendsIndustry first new business award to provide Lear's INTUTM radar and software technology to a European luxury automakerIntegrating Lear's ComfortMax SeatTM into select GM vehicles, launching in the second quarter of 2025, which will be the industry's first incorporation of thermal comfort technologies into Lear's trim coversAcquired StoneShield Engineering to enhance our IDEA by LearTM advanced automation capabilities, improving our wire harness production efficiency in E-SystemsSOUTHFIELD, Mich., Feb. 5, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, announced today a key engineering integration with General Motors, beginning in the second quarter of 2025. A first of its kind, the ComfortMax Seat integrates thermal comfort technologies into trim covers, providing occupant comfort and well-being, superior thermal management and improved manufacturing efficiency.
SOUTHFIELD, Mich., Feb. 4, 2025 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has purchased StoneShield Engineering, a privately held system integrator based in Castelo Branco, Portugal.
Founded in 2017, StoneShield Engineering specializes in the design and development of automation technology for the wire harness industry. Key areas of expertise include robotics, automated taping applications and high voltage harness assembly.
SOUTHFIELD, Mich., Jan. 10, 2025 /PRNewswire/ -- Lear Corporation will hold a conference call to review the company's fourth quarter and full year 2024 financial results and related matters on February 6, 2025, at 9:00 a.m. EST.
To participate in the conference call:
Webcast link: click hereToll-free calls: 877-883-0383International calls: 412-902-6506The conference code is 1508209.