BorgWarner Q3 Profit Rises to $221 Million Despite 2.9% Revenue Decline; Maintains Full-Year Guidance

BorgWarner Inc. (BWA) reported third-quarter earnings of $221 million, or $1.08 per share, up from $158 million, or $0.73 per share, a year earlier. Adjusted earnings came in at $1.39 per share, excluding items. Revenue for the period fell 2.9% to $3.487 billion from $3.591 billion last year, reflecting softer sales even as profitability improved. The company reiterated full-year EPS guidance of $5.20 to $5.35 and revenue guidance of $14.000 billion to $14.200 billion, signaling confidence in its margin performance through the remainder of the year.