Garrett Motion (NASDAQ:GTX) reported its Q3 earnings results on Wednesday, October 26, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Garrett Motion missed estimated earnings by 8.7%, reporting an EPS of $0.21 versus an estimate of $0.23.
Revenue was up $106.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.09 which was followed by a 0.15% increase in the share price the next day.
Here’s a look at Garrett Motion’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.24 | 0.21 | 0.19 | 0.24 |
| EPS Actual | 0.15 | 0.15 | 0.25 | 0.21 |
| Revenue Estimate | 880.00M | 862.00M | 863.00M | 924.00M |
| Revenue Actual | 859.00M | 901.00M | 862.00M | 839.00M |
To track all earnings releases for Garrett Motion visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
