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Lear Corp posts $327.70 million annual profit

Lear Corp posts $327.70 million annual profit

By USInMinutes
Published - Mar 14, 2023, 12:39 AM ET
Last Updated - Jul 18, 2023, 04:18 PM EDT
Lear Corp [LEA]  has posted annual profit of $327.70 million for the year ended Dec 31,2022.

The company based in Michigan(MI)reported a risein revenue to $20,891.50 milion for the year when compared to $19,263.10 million in the previous year.

A filing from the company with the Securities and Exchange Commission on Feb 9,2023 showed that its revenue is  down 8.45% year-over-year.

The company reported basic earnings per share of $5.49 and diluted earnings per share of $59920529.

Lear Corp operates in the Motor Vehicle Parts & Accessories sector.

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