Wednesday, May 2, 2007

TRW Automotive posts quarterly net loss

(Reuters) - TRW reported a net loss of $86 million, or 87 cents per share, for the first quarter, compared with net earnings of $47 million, or 46 cents per share, a year earlier.

Excluding the debt retirement charges, TRW earned 60 cents per share. Analysts, on average, expected the Livonia, Michigan-based company to earn 53 cents per share excluding one-time items, according to Reuters Estimates.


Read more at Reuters.com Market News

No comments: