Stock Track | Garrett Motion Soars 14.26% Intraday on Strong Q1 Earnings Beat and Raised 2026 Outlook

Stock Track

04/30

Garrett Motion Inc.'s stock soared 14.26% during intraday trading on Thursday, following the release of its first-quarter 2026 financial results.

The automotive technology provider reported quarterly earnings of $0.49 per share, beating the analyst consensus estimate of $0.42 by 16.67%. Quarterly sales reached $985 million, surpassing the $912.28 million estimate by 7.97% and marking a 12% year-over-year increase. Net income jumped 53% to $95 million.

The company also raised its full-year 2026 outlook, increasing its net sales guidance to a range of $3.6 billion to $3.9 billion from the previous $3.6 billion to $3.8 billion. Net income guidance for 2026 was raised to $300 million-$360 million from $295 million-$335 million. Additionally, Garrett repurchased $87 million of its common stock during the quarter, demonstrating confidence in its financial position.

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Additionally, Garrett repurchased $87 million of its common stock during the quarter, demonstrating confidence in its financial position.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GTX","symbol_name":"Garrett Motion Inc.","start_time":0,"source_url":"","article_id":"1146195710","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1146195710","pubTimestamp":1777556722,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Garrett Motion Inc.'s stock soared 14.26% during intraday trading on Thursday, following the release of its first-quarter 2026 financial results.The automotive technology provider reported quarterly...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GTX":"Garrett Motion Inc."},"translate_title":"个股追踪|Garrett Motion盘中飙升14.26%，Q1盈利强劲，2026年展望上调","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GTX":1},"content_text":"Garrett Motion Inc.'s stock soared 14.26% during intraday trading on Thursday, following the release of its first-quarter 2026 financial results.The automotive technology provider reported quarterly earnings of $0.49 per share, beating the analyst consensus estimate of $0.42 by 16.67%. 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