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With a market cap of $19.1 billion, Aptiv PLC (APTV) operates in the automotive technology sector. The Dublin, Ireland-based company designs and manufactures vehicle components and provides advanced electrical, electronic, safety, and autonomous driving solutions to major automotive manufacturers worldwide. It is expected to announce its Q3 earnings before the market opens on Thursday, Oct. 31.
Ahead of the event, analysts expect the auto parts supplier to report a profit of $1.69 per share, up 30% from $1.30 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS projection over the past four quarters. APTV reported an adjusted EPS of $1.58 in the most recent quarter, exceeding the consensus estimates by 15.3%.