LEA changes
Pick any two versions below to diff them.
- Price
- $121.49 → $117.89(−3.0%)
- Discount
- 15% to 37% → 18% to 39%(+3.0 pts)
- Recent events
- 2026-10-19: Lear said that its CFO, Jason Cardew, will resign as CFO on February 28, 2027, and retire at the end of 2027. Jared Fedele, Vice President of Finance for Seating and E-Systems, who joined Lear in 2003, becomes CFO on March 1, 2027. 2026-10-06: Lear said that it will hold its Q3 2026 earnings call on October 30, 2026. 2026-09-24: Lear's Board increased the share buyback authorization to $1.5 billion and extended it to December 31, 2029. At the end of Q2 2026, about $600 million was left on the old authorization. 2026-07-31: Lear reported Q2 2026 results and raised the midpoints of its 2026 outlook. Sales rose 3% to $6.2 billion, core operating earnings rose 7% to $313 million, and adjusted EPS rose 23% to $4.28. Free cash flow was $288 million, and Lear bought back $100 million of shares. The new 2026 outlook is $23,540 million to $24,010 million of sales and $1,080 million to $1,200 million of core operating earnings. 2026-07-01: In the joint review of the USMCA trade agreement, the United States declined to extend the agreement for another 16-year term in its current form. Lear said that this starts yearly reviews that could end the agreement in 2036 if no extension is agreed. 2026-05-01: Lear reported Q1 2026 results. Sales rose 5% to $5.8 billion, and adjusted EPS rose 24% to $3.87, the highest since 2019. Lear won new wire awards for General Motors' full-size SUVs and with Chinese car makers, and it launched seats for GM's full-size SUVs and trucks in Orion, Michigan. It bought back $75 million of shares.