Visteon Corp (NYSE:VC) announced on Thursday that its Q1 net income attributable to firm of $69M or $1.33 a share, in contrast to a net loss of $29M or $0.56 a share, previous year. The firm declared that its first-quarter net income included a benefit of $54M associated to the outcome of certain tax happenings, partially offset by $36M of restructuring and other transformational expenses.
The sales were $1.86B, a surge of $139M from the similar quarter a year before. The firm declared that sales were higher because of surge vehicle production and new business in Asia and North America, partially offset by lesser production volumes in Europe.
Visteon Corp (NYSE:VC) stock hit highest price at $63.00, beginning with a price of $62.10 and reported increased 0.93% to $60.80 at 10:21AM EDT with day range of $60.50-$63.00. The total market capitalization remained $3.15 billion current volume was 169,604.00 shares surprisingly lower than its average volume of 507,961.00 shares.
To check the Stocks ups and downs, VC last week stock price volatility remained 2.18% and month was at 2.53%. VC generated revenue of 6.86 billion in the following twelve months income of $103.00 billion. The Company showed a positive 2.48% in the net profit margin and in addition to in its operating margin which remained 1.46%. Company’s annual sales growth for the past five year was -9.47%.
The VC past twelve months price to sales ratio was 0.44 and price to cash ratio remained 3.67. As far as if notice on other major contributors of similar sectors have sale ratio and price to cash ratio remained Johnson Controls, Inc. (NYSE:JCI) P/S 0.59% P/C 50.95%, Delphi Automotive PLC (NYSE:DLPH) P/S 0.93% P/C 17.37%, Lear Corporation (NYSE:LEA) P/S 0.37% P/C 3.46%, Tenneco Inc (NYSE:TEN) P/S 0.34% P/C 10.40%.
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