BorgWarner Q2 sales and adjusted EPS beat estimates, raises FY guidance
BWA•Drivers of the quarter
The company said a sharp drop in Battery Energy Systems sales weighed on organic net sales.
Stronger foreign currencies compared with the U.S. dollar contributed to higher reported sales.
Guidance raised for 2026
The company increased its share repurchase authorization by $1 billion.
BorgWarner raised its 2026 adjusted EPS guidance to $5.05-$5.30 per diluted share. It now expects 2026 net sales of $14.0 billion-$14.3 billion, down 3.5%-1.5% organically, and adjusted operating margin of 10.7%-10.9%.
Q2 sales and adjusted EPS beat estimates
BorgWarner said second-quarter U.S. GAAP net sales rose 0.3%, beating analyst expectations, while adjusted EPS increased 17% to $1.42, also beating analyst expectations.
The U.S. auto supplier reported second-quarter sales of $3.65 billion versus the consensus estimate of $3.58 billion, and adjusted EPS of $1.42 versus the estimate of $1.28.
