Dana (NYSE:DAN) released its quarterly earnings results on Monday. The auto parts company reported $0.77 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.75 by $0.02, MarketWatch Earnings reports. The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.94 billion. Dana had a net margin of 2.51% and a return on equity of 32.56%. The business’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.59 EPS. Dana updated its 2018 guidance to $2.75-3.05 EPS and its FY18 guidance to $2.75-3.05 EPS.
Dana stock opened at $14.43 on Tuesday. Dana has a fifty-two week low of $14.18 and a fifty-two week high of $35.27. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.63 and a quick ratio of 1.05. The company has a market capitalization of $2.40 billion, a P/E ratio of 6.16, a P/E/G ratio of 4.46 and a beta of 1.68.
The business also recently announced a quarterly dividend, which will be paid on Friday, November 30th. Investors of record on Friday, November 9th will be issued a $0.10 dividend. The ex-dividend date of this dividend is Thursday, November 8th. This represents a $0.40 annualized dividend and a yield of 2.77%. Dana’s dividend payout ratio (DPR) is presently 15.87%.
Dana Company Profile
Dana Incorporated provides drive and motion products, sealing solutions, thermal-management technologies, and fluid-power products to vehicle and engine manufacturer in North America, Europe, South America, and the Asia Pacific. The company operates in four segments: Light Vehicle Driveline Technologies, Commercial Vehicle Driveline Technologies, Off-Highway Driveline Technologies, and Power Technologies.
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