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Garrett Motion: Q2 Earnings Snapshot
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ROLLE, Switzerland (AP) — ROLLE, Switzerland (AP) — Garrett Motion Inc. (GTX) on Wednesday reported second-quarter net income of $101 million.

The Rolle, Switzerland-based company said it had net income of 53 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share.

The maker of vehicle turbocharging and electric-boosting gear posted revenue of $976 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $964.4 million.

Garrett Motion expects full-year revenue in the range of $3.7 billion to $3.9 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GTX at https://www.zacks.com/ap/GTX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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