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Aptiv PLC APTV reported better-than-expected first-quarter 2025 results. Adjusted earnings of $1.69 per share beat the Zacks Consensus Estimate by 9% and increased 45.7% year over year. Revenues of $4.80 billion beat the Zacks Consensus Estimate by 0.4% and decreased 1.6% year over year.
The company’s adjusted revenues declined 1% year over year. Adjusted revenues fell 4% in Europe, 2% in North America and 3% in South America. The metric grew 5% in Asia, including 2% growth in China.
Aptiv PLC Price, Consensus and EPS Surprise
Aptiv PLC price-consensus-eps-surprise-chart | Aptiv PLC Quote
Other Quarterly Numbers of APTV
The Electrical Distribution Systems and Engineered Components Group’s revenues of $2 billion and $1.6 billion declined 3% and 1% year over year, respectively. The Advanced Safety and User Experience segment’s revenues remained flat on a year-over-year basis at $1.4 billion.
Adjusted operating income was $572 million, up 5.2% from the figure reported in the year-ago quarter. The adjusted operating income margin was 11.9%, up 80 basis points year over year.
Aptiv exited the quarter with a cash and cash equivalent balance of $1.1 billion compared with the prior quarter’s $1.6 billion. Long-term debt was $7.6 billion compared with $7.8 billion in the previous quarter.
The company generated $273 million in cash from operating activities in the quarter compared with $244 million recorded at the end of the first quarter of 2024.
APTV’s Outlook
For the second quarter of 2025, Aptiv expects revenues to be between $4.92 billion and $5.12 billion, higher than the current Zacks Consensus Estimate of $4.80 billion. Adjusted EPS is expected to be between $1.7 and $1.9, higher than the current Zacks Consensus Estimate of $1.55. The adjusted operating income margin is anticipated between 11.1% and 11.8%. The adjusted EBITDA margin is expected between 14.9% and 15.5%.
For 2025, Aptiv expects revenues to be between $19.6 billion and $20.4 billion, the midpoint ($20 million) of which is higher than the current Zacks Consensus Estimate of $19.61 billion. Adjusted EPS is expected to be between $7 and $7.6. The midpoint ($7.3) is higher than the current Zacks Consensus Estimate of $7.1. The adjusted operating income margin is anticipated between 11.9% and 12.3%. Capital expenditure is expected to be $880 million. The adjusted EBITDA margin is expected between 11.9% and 12.3%. The adjusted effective tax rate is expected to be around 17.5%.
Currently, Aptiv carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.