Lear Corporation Reveals Decline In Q2 Earnings

(RTTNews) - Lear Corporation (LEA) revealed earnings for second quarter that decreased from last year.

The company's profit came in at $182.8 million, or $2.92 per share. This compares with $331.4 million, or $4.83 per share, in last year's second quarter.

The company's revenue for the quarter fell 10.2% to $5.01 billion from $5.58 billion last year.

Lear Corporation earnings at a glance:

-Earnings (Q2): $182.8 Mln. vs. $331.4 Mln. last year. -EPS (Q2): $2.92 vs. $4.83 last year. -Revenue (Q2): $5.01 Bln vs. $5.58 Bln last year.

-Guidance: Full year revenue guidance: $19.8 - $20.3 Bln