Welcome to our dedicated page for Lear news (Ticker: LEA), a resource for investors and traders seeking the latest updates and insights on Lear stock.
Lear Corporation (NYSE: LEA) is a global automotive technology company specializing in Seating and E-Systems for the world’s major automakers. This news page aggregates company announcements, financial updates, and other disclosures that help investors and industry followers track developments affecting LEA stock and Lear’s role in the automotive supply chain.
Readers can find earnings-related news, including quarterly and full-year results, updates to financial outlook, and details on segment performance in Seating and E-Systems. Lear frequently issues press releases in connection with its earnings conference calls, where management discusses results, margins, cash flow, and non-GAAP measures such as core operating earnings, adjusted EBITDA, and free cash flow.
The feed also includes capital allocation and corporate actions, such as announcements of quarterly cash dividends on Lear common stock and activity under the company’s share repurchase program. These items provide insight into how Lear balances returning capital to shareholders with funding its operations and investments.
Another key category is strategic and operational updates. Lear reports on its participation in investor conferences, its multi-year partnership with Palantir Technologies, and the expansion of the IDEA by Lear transformation program, which uses digital and AI tools to improve efficiency across manufacturing and administrative functions. The company also highlights customer awards, quality recognitions, and new business wins in Seating and E-Systems.
For anyone following the automotive manufacturing and technology space, this page offers a centralized view of Lear’s official news flow. Investors, analysts, and industry observers can use it to monitor how Lear’s Seating and E-Systems businesses evolve over time and how management communicates performance, strategy, and recognition from customers and third parties.
Lear Corporation (NYSE: LEA), a leader in automotive technology, will engage in a fireside chat on June 17, 2021, at the virtual Deutsche Bank Global Auto Industry Conference. The session, featuring Jason Cardew, SVP and CFO, and Carl Esposito, SVP and President of E-Systems, starts at 8:15 AM EDT and lasts approximately 35 minutes. A webcast link will be available on the Company's website. Lear is dedicated to enhancing in-vehicle experiences through innovation and sustainability, ranking 179 on the Fortune 500.
Lear Corporation (NYSE: LEA), a leader in automotive technology, will participate in a fireside chat during the KeyBanc Capital Markets Industrials and Basic Materials Conference on June 4, 2021. The event will be represented by Ray Scott, President and CEO, and Jason Cardew, SVP and CFO. The webcast starts at 9:20 AM EDT and will last approximately 30 minutes. Interested parties can access the webcast via the company's website at ir.lear.com.
Summary not available.
Lear Corporation (NYSE: LEA), a leader in automotive technology, announced a quarterly cash dividend of $0.25 per share on its common stock. This dividend will be payable on June 30, 2021, to shareholders recorded by the close of business on June 11, 2021. This financial decision reflects Lear's commitment to returning value to its shareholders while emphasizing its operational excellence and innovation in producing superior in-vehicle experiences.
Lear Corporation (NYSE: LEA) reported a robust first quarter for 2021, with sales rising 20% to $5.4 billion. Net income surged to $204 million, while adjusted net income reached $226 million. Core operating earnings improved by 64% to $336 million. Earnings per share were $3.36, up from $1.26 in 2020. Despite challenges like component shortages, Lear's performance outpaced market growth in both its Seating and E-Systems segments. The company maintains a positive outlook for the rest of 2021, projecting net sales of $20,350 - $21,150 million.
Lear Corporation (NYSE: LEA) has become the lead investor in the Series C funding round for CelLink Corporation, a manufacturer specializing in innovative flat and flexible circuits. This technology aims to enhance the efficiency of electric vehicle (EV) battery packs by integrating multiple functions into a single circuit, reducing costs and promoting EV adoption. With a significant reduction in wire harness weight and volume, CelLink’s products also provide environmental benefits, thus aligning with Lear's commitment to a sustainable future. CelLink aims to advance electrification while addressing climate change.
Lear Corporation (NYSE: LEA), a leader in automotive technology, will announce its first quarter 2021 financial results in a conference call scheduled for May 7, 2021, at 8:30 a.m. EDT. Investors can participate via toll-free number 877-883-0383 or international line 412-902-6506, using conference code 1813749. A live audio webcast will also be available on Lear's Investor Relations website. The earnings presentation will be accessible on the website prior to the call.
On March 25, 2021, Lear Corporation (NYSE: LEA), a leader in automotive technology, announced its acquisition of M&N Plastics, a Michigan-based manufacturer specializing in engineered plastic components for automotive electrical distribution. This strategic move enhances Lear's vertical integration in producing complex parts such as high-voltage wire harnesses and power electronics. The acquisition aims to bolster Lear's leadership as a Tier 1 supplier and supports future revenue growth in its E-Systems segment through organic investments and enhanced capabilities.
Lear Corporation (NYSE: LEA), a leader in automotive technology, will join the Bank of America Virtual Global Automotive Summit on March 31, 2021. The event features Jason Cardew, SVP and CFO, discussing industry insights. The webcast starts at 11:40 AM EDT and lasts approximately 40 minutes. Interested viewers can access the link via ir.lear.com. Lear is committed to innovation and operational excellence, enhancing consumer experiences globally.
Lear Corporation (NYSE: LEA) will hold a virtual E-Systems Product Day on March 25, 2021, starting at 9:00am EDT. During this event, Carl Esposito, SVP and President of E-Systems, will present the company's product portfolio, focusing on opportunities in electrification and vertical integration. The presentation will include a Q&A session and is expected to last about 60 minutes. The webcast can be accessed via ir.lear.com.
Lear aims to enhance in-vehicle experiences through innovation and technology.