LEAR CORP Q4 Profit Down, Shares Drop 5.2% (NASDAQ:LEA)

[Para 1: The Lead] LEAR Corporation (NASDAQ:LEA) reported a 7.3% decline in Q4 earnings per share to $1.25 from $1.35 in the same period last year, impacting its stock price. The automotive parts supplier's revenue fell 4.1% to $3.2 billion, missing analyst expectations. Shares of LEA dropped 5.2% in after-hours trading following the earnings release. [Para 2-3: Supporting details & Context] The company attributed the profit decline to higher material costs and supply chain disruptions. LEAR expects first-quarter earnings to be below consensus estimates due to ongoing challenges. The stock has been under pressure since the start of the year, reflecting broader market concerns about economic slowdowns affecting the automotive sector. Analysts are closely watching LEAR's cost management strategies and market share in the face of these headwinds.