BUZZ-BorgWarner rises after lifting annual sales forecast

Reuters

2025/05/07

** Auto parts supplier BorgWarner BWA.N shares rise 4% to $30 premarket

** Co raises 2025 sales outlook, citing expectation of stronger foreign exchange and tariff-fueled customer recoveries

** BWA expects 2025 net sales to be in the range of $13.6 bln to $14.2 bln, compared to prior expectation of between $13.4 bln and $14.0 bln

** Co posts Q1 adj. profit of $1.11/share vs analysts' average estimates of 98 cents/share, according to data compiled by LSEG

** Co posts Q1 sales of $3.5 bln, above estimate of $3.4 bln

** 10 of 17 brokerages rate the stock "buy" or higher, 7 "hold"; their median PT is $35

** As of last close, stock had fallen 8.8% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))

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