Aptiv Q1 Revenue Beats Estimates on Auto Parts Demand
Aptiv reported a 5.4% rise in Q1 revenue to $5.1 billion, beating estimates. The company reaffirmed its annual outlook amid strong demand for driver-aid systems.
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APTIV PLC reported first-quarter revenue rose 5.4% to $5.1 billion midday Tuesday, beating analyst estimates of $4.4 billion. Adjusted EPS reached $1.71, missing the $1.72 LSEG consensus despite rising from $1.69 a year earlier. Sustained demand for advanced driver-aid systems signals that automaker investment in self-driving technology remains a resilient growth driver.
