By Adriano Marchese
Dana shares rose in early trading Friday after its latest sales guidance, which is expected lower, was in range of analyst forecasts for 2025 and topped views for free cash flow generation.
Shares traded 15% higher at $15.26.
The drivetrain and e-propulsion systems manufacturer said Friday that it expects sales of between $9.53 billion and $10.03 billion in the year, down from $10.3 billion in 2024.
According to FactSet, analysts expected a decline to $9.83 billion, falling within Dana's latest guidance.
Adjusted earnings before interest, taxes, depreciation and amortization are expected to grow, setting a range of $925 million to $1.03 billion, up from $885 million in 2025.
The company also set a target for free cash flow in the year, between $175 million to $275 million, topping analyst views of $169.2 million.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
January 24, 2025 09:39 ET (14:39 GMT)
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