Dana Incorporated (DAN) to Release Earnings on Wednesday

Dana Incorporated (NYSE:DAN) is scheduled to post its quarterly earnings results before the market opens on Wednesday, October 18th. Analysts expect Dana to post earnings of $0.52 per share for the quarter. Dana has set its FY17 guidance at $2.20-2.40 EPS.

Dana (NYSE:DAN) last released its quarterly earnings data on Monday, July 31st. The auto parts company reported $0.68 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.51 by $0.17. The firm had revenue of $18.40 million for the quarter, compared to analyst estimates of $1.67 billion. Dana had a net margin of 10.80% and a return on equity of 30.79%. The company’s revenue for the quarter was down 98.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.53 EPS. On average, analysts expect Dana to post $2.33 EPS for the current fiscal year and $2.53 EPS for the next fiscal year.

Dana Incorporated (DAN) opened at 28.44 on Wednesday. The firm has a market cap of $4.11 billion, a price-to-earnings ratio of 6.03 and a beta of 1.56. The firm has a 50-day moving average of $25.87 and a 200 day moving average of $22.48. Dana Incorporated has a 1-year low of $13.93 and a 1-year high of $29.16.

A number of analysts have recently issued reports on DAN shares. Guggenheim started coverage on shares of Dana in a report on Wednesday, June 21st. They issued a “buy” rating and a $27.00 price objective on the stock. CLSA started coverage on shares of Dana in a report on Thursday, June 22nd. They issued a “buy” rating and a $27.00 price objective on the stock. Deutsche Bank AG downgraded shares of Dana from a “buy” rating to a “hold” rating and set a $20.00 price objective on the stock. in a report on Thursday, June 22nd. Zacks Investment Research downgraded shares of Dana from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. Finally, BidaskClub upgraded shares of Dana from a “hold” rating to a “buy” rating in a report on Saturday, July 1st. One analyst has rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $23.80.

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About Dana

Dana Incorporated, formerly Dana Holding Corporation, is a global provider of technology driveline, sealing and thermal-management products. The Company operates in four segments: Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Driveline Technologies (Off-Highway) and Power Technologies.

Earnings History for Dana (NYSE:DAN)

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