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<blockquote data-quote="Weather Man" data-source="post: 16803694" data-attributes="member: 137766"><p>It is interesting watching the automotive supply chain evolve before your very eyes. Some will survive the Green Insanity and some will not. The mandates are like watching a horror show in slow motion.</p><p></p><h3><a href="https://seekingalpha.com/news/3865545-borgwarner-gains-after-earnings-beat-guiding-for-strong-electric-vehicle-revenue?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">BorgWarner gains after earnings beat, guiding for strong electric vehicle revenue</a></h3><p><a href="https://seekingalpha.com/symbol/BWA?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain" target="_blank">BWA -0.23%</a>Aug. 03, 2022 6:50 AM ET</p><p>BorgWarner topped consensus estimates with its <a href="https://seekingalpha.com/pr/18889592-borgwarner-announces-electrification-progress-and-reports-second-quarter-results" target="_blank">Q2</a> earnings report on the strength of a 7% increase in organic sales during the quarter.</p><p>The auto supplier also issued solid guidance despite the inflation headwinds it is facing. BWA expects full-year oragnic sales to be up 11% to 14% and EPS to land in a range of $4.00 to $4.40 vs. $3.90 to $4.25 prior and $4.02 consensus. Operating margin of 8.4% to 8.8% is anticipated for the year and operating cash flow of $1.50B to $1.55B vs. $1.57B.</p><p>Based on new business awards and actions announced to date, BorgWarner (NYSE:<a href="https://seekingalpha.com/symbol/BWA" target="_blank">BWA</a>) believes it is already on track to achieve approximately $3.7B of electric vehicle revenue by 2025.</p><p>BorgWarner (<a href="https://seekingalpha.com/symbol/BWA" target="_blank">BWA</a>) also announced the acquisition of Rhombus in a deal with an enterprise value of up to $185M. San Diego-based Rhombus offers V2G and Underwriters Laboratory-certified charging. Rhombus is noted to supply its patented technology to EV OEMs and charging/grid service providers.</p></blockquote><p></p>
[QUOTE="Weather Man, post: 16803694, member: 137766"] It is interesting watching the automotive supply chain evolve before your very eyes. Some will survive the Green Insanity and some will not. The mandates are like watching a horror show in slow motion. [HEADING=2][URL='https://seekingalpha.com/news/3865545-borgwarner-gains-after-earnings-beat-guiding-for-strong-electric-vehicle-revenue?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']BorgWarner gains after earnings beat, guiding for strong electric vehicle revenue[/URL][/HEADING] [URL='https://seekingalpha.com/symbol/BWA?source=content_type%3Areact%7Cfirst_level_url%3Amarket-news%7Csection_asset%3Amain']BWA -0.23%[/URL]Aug. 03, 2022 6:50 AM ET BorgWarner topped consensus estimates with its [URL='https://seekingalpha.com/pr/18889592-borgwarner-announces-electrification-progress-and-reports-second-quarter-results']Q2[/URL] earnings report on the strength of a 7% increase in organic sales during the quarter. The auto supplier also issued solid guidance despite the inflation headwinds it is facing. BWA expects full-year oragnic sales to be up 11% to 14% and EPS to land in a range of $4.00 to $4.40 vs. $3.90 to $4.25 prior and $4.02 consensus. Operating margin of 8.4% to 8.8% is anticipated for the year and operating cash flow of $1.50B to $1.55B vs. $1.57B. Based on new business awards and actions announced to date, BorgWarner (NYSE:[URL='https://seekingalpha.com/symbol/BWA']BWA[/URL]) believes it is already on track to achieve approximately $3.7B of electric vehicle revenue by 2025. BorgWarner ([URL='https://seekingalpha.com/symbol/BWA']BWA[/URL]) also announced the acquisition of Rhombus in a deal with an enterprise value of up to $185M. San Diego-based Rhombus offers V2G and Underwriters Laboratory-certified charging. Rhombus is noted to supply its patented technology to EV OEMs and charging/grid service providers. [/QUOTE]
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