Aug. 6 at 2:45 PM
$DAN Earnings / Strong Second-Quarter Results; Increases Full-Year Guidance; Restarts Share Repurchase Program.
https://www.tipranks.com/news/the-fly/dana-reports-q2-adjusted-eps-19c-consensus-69c-thefly-news
Sales of
$2.0 billion, up 4 percent versus the second quarter of 2025
Adjusted EBITDA of
$207 million;
$60 million higher than second quarter of 2025
10.3 percent adjusted EBITDA margin; 270 basis points higher than prior year
Achieved
$19 million in additional cost savings
Repurchased 1.2 million shares, returning
$44 million to shareholders
Year-to-date shareholder returns of
$169 million
Planning an additional ~
$200 million of repurchases in 2026
Eaton Mobility transaction remains on track for first-quarter of 2027 close
