Lear Corporation held its Q1 2025 Earnings Conference Call on May 6, 2025, where key financial metrics and business updates were discussed. The call was attended by senior management, including Ray Scott, President and CEO, and Jason Cardew, Senior Vice President and CFO. Analysts from Wolfe Research, Wells Fargo Securities, BofA Securities, and TD Cowen were also present. During the call, Ray Scott highlighted that Lear achieved $5.6 billion in revenue for the first quarter, with core operating earnings of $270 million. The company's total operating margins improved to 4.9%, aligning with their targeted objectives. Scott emphasized, "We are pleased with our financial performance this quarter as we continue to advance our strategic initiatives." Jason Cardew provided a detailed review of the financial results and factors impacting the company's full-year guidance, setting the stage for a robust fiscal year. The call concluded with a Q&A session, offering insights into Lear's future plans and market strategies. The full transcript can be accessed through the link below.
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