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Mar 31, 2020
Dana Q1 2020 Earnings Report
Dana's financial performance was impacted by weaker demand and COVID-19 pandemic in Q1 2020.
Key Takeaways
Dana Incorporated reported a decrease in sales and net income for the first quarter of 2020, primarily due to weaker demand in heavy-vehicle markets and the COVID-19 pandemic. The company reported sales of $1.93 billion and a net income of $38 million. Adjusted EBITDA was $205 million, and diluted adjusted EPS was $0.47.
Sales totaled $1.93 billion, down from $2.16 billion in Q1 2019.
Net income was $38 million, compared to $98 million in the same period last year.
Adjusted EBITDA was $205 million, with a margin of 10.6 percent of sales.
Diluted adjusted EPS was $0.47, compared to $0.78 in Q1 2019.
Revenue by Segment
Forward Guidance
Due to the unprecedented disruption in mobility markets as a result of the COVID-19 pandemic, and associated economic uncertainty, the company believes it is prudent to refrain from issuing full-year financial guidance until end-market demand stabilizes.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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