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MAUMEE, Ohio (AP) — MAUMEE, Ohio (AP) — Dana Inc. (DAN) on Tuesday reported a loss of $39 million in its fourth quarter.
On a per-share basis, the Maumee, Ohio-based company said it had a loss of 27 cents. Losses, adjusted for non-recurring costs and amortization costs, came to 8 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The automotive equipment supplier posted revenue of $2.49 billion in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $2.59 billion.
Dana expects full-year earnings to be 35 cents to 85 cents per share, with revenue in the range of $10.65 billion to $11.15 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DAN at https://www.zacks.com/ap/DAN