Autoliv Shares Down 3% on Significant Q1 Miss
<p><a href='https://financialmodelingprep.com/financial-summary/ALV'>Autoliv, Inc. (NYSE:ALV) </a>shares were trading more than 3% lower Tuesday afternoon following the company’s reported Q1 results, with EPS of $0.45 coming in significantly below the Street estimate of $1.18. Revenue was $2.12 billion, compared to the Street estimate of $2.23 billion.</p>
<p>Analysts at Deutsche Bank provided their views on the company, stating that the quarterly disappointing results reflect a challenging near-term operating environment for the entire auto suppliers group.</p>
<p>The analysts mentioned that the company’s revenue growth in 2022 is still expected to outperform the overall market by 12%, supported by a strong business backlog, growing CPV, and continued market share gains. </p>
<p>However, the analysts are modeling operating margin compressing toward the high-end of the revised guidance to around 6.5% due to ongoing inflationary pressure from commodities and other inputs including premium freight.</p>
<p>The analysts still view Autoliv as one of the best plays for the industry recovery, despite macro challenges. The analysts expect $4.40 of EPS in 2022, $7.10 in 2023, and $9.00 in 2024.</p>

NYSE:ALV