Dana Incorporated Shares Lost 11% Since Q4 Report
<p><a href='https://financialmodelingprep.com/financial-summary/DAN'>Dana Incorporated (NYSE:DAN) </a>shares lost around 11% since Tuesday’s close following the company’s worse-than-expected Q4 results. Quarterly EPS came in at $0.18, missing the Street estimate of $0.21, while revenue of $2.27 billion was slightly better than the Street estimate of $2.17 billion.</p>
<p>According to the analysts at Deutsche Bank, the company’s soft 2022 margin guidance despite solid expected top-line growth reflects steep pressure from cost inflation and EV investments, consistent with the outlook outlined by most auto suppliers this season. </p>
<p>However, unlike most of its peers, the company’s outlook assumes moderation in commodities pricing later in 2022, and embeds a small net tailwind from raw materials.</p>
<p>The analysts lowered their 2022 Revenue/EBITDA estimates from $9.70 billion/$1 billion to $9.83 billion/$917 million (9.3% margin vs. 10.3% prior), and EPS from $2.80 to $2.15, towards the low-end of company guidance, to reflect expected cost headwinds. </p>

NYSE:DAN