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via seekingalpha.comBusiness & Companies

Linamar posts non-GAAP EPS of $2.59 and revenue of $3.08B, above expectations

FROM THE WIRE · SEEKINGALPHA.COM

* Linamar press release [https://seekingalpha.com/pr/20713609-linamar-corporation-sales-and-earnings-growth-continue-in-tough-markets-record-new-business] (LIMAF [https://seekingalpha.com/symbol/LIMAF]): Q3 Non-GAAP EPS of $2.59. * Revenue of $3.08B (+21.3% Y/Y) beats by $990M.…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishQuarterly results above estimates for a Canadian auto parts maker, relevant for the stock and the auto sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Linamar reported third-quarter non-GAAP EPS of $2.59.
  2. 02Revenue was $3.08 billion, up 21.3% year over year.
  3. 03According to the source, revenue beat expectations by $990 million.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Linamar CorporationLIMAFStock66.77 USDMarket closedtoday +2.99%Positive LNR:CA.USLNR:CA.USStock—n/aPositive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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