GTX

Garrett Motion (GTX) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this maker of vehicle turbocharging and electric-boosting gear, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- has this insight at its core. The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008. For Garrett Motion, there has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year. The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate: For the current quarter, the company is expected to earn $0.46 per share, which is a change of +9.5% from the year-ago reported number. Over the last 30 days, the Zacks Consensus Estimate for Garrett Motion has increased 7.17% because four estimates have moved higher compared to no negative revisions. For the full year, the earnings estimate of $1.83 per share represents a change of +20.4% from the year-ago number. There has been an encouraging trend in estimate revisions for the current year as well. Over the past month, three estimates have moved up for Garrett Motion versus no negative revisions. This has pushed the consensus estimate 5.2% higher. The promising estimate revisions have helped Garrett Motion earn a Zacks Rank #2 (Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500. While strong estimate revisions for Garrett Motion h...

Image source: The Motley Fool. Thursday, October 23, 2025 at 8:30 a.m. ET President and Chief Executive Officer — Olivier Rabiller Senior Vice President and Chief Financial Officer — Sean Deason Head of Investor Relations — Cyril Grandjean Cyril Grandjean: Thank you, Megan. Good day, and welcome, everyone. Thank you for attending the Garrett Motion Third Quarter 2025 Financial Results Conference Call. Before we begin, I would like to mention that today's presentation and earnings press release are available on the IR section of Garrett Motion's website at investors.garrettmotion.com. There, you will also find links to our SEC filings, along with other important information about the company. We note that this presentation contains forward-looking statements within the meaning of the U.S. federal securities laws. These statements, which can be identified by words such as anticipate, intend, plan, believe, expect, may, should or similar expressions represent management's current expectations and are subject to various risks and uncertainties that could cause our actual results to differ materially from such expectations. These risks and uncertainties include the factors identified in our annual report on Form 10-K and other filings with the Securities and Exchange Commission and include risks related to the automotive industry, competitive landscape and macroeconomic and geopolitical conditions, among others. Please review the disclaimers on Slide 2 of our presentation as the content of our call will be governed by this language. Today's presentation also includes certain non-GAAP measures which we use to help describe how we manage and operate our business. We reconcile each of these measures to the most directly comparable GAAP measure in the appendix of our presentation and related press release. Finally, in today's presentation and comments, we may refer to light vehicle diesel and light vehicle gasoline products by using the terms diesel and gasoline only. With us today are Olivier Rabiller, Garrett's President and Chief Executive Officer; and Sean Deason, Garrett's Senior Vice President and Chief Financial Officer. I will now hand the call over to Olivier. Olivier Rabiller: Thank you, Cyril. Thank you all for joining the call today. I am pleased to report that Garrett delivered another set of strong financial results in the third quarter, thanks to incre...

Garrett reported a strong Q1 with $985 million in net sales (up 6% at constant currency), $151 million of Adjusted EBIT (a 15.3% margin) and $49 million of adjusted free cash flow, and it raised the midpoint/high end of its 2026 outlook to about $3.75 billion in sales, $560 million Adjusted EBIT and $415 million adjusted free cash flow. Management continued shareholder returns and maintained strong liquidity, repurchasing $87 million of stock and paying $16 million in dividends in Q1, while ending the quarter with $772 million of liquidity and a net leverage ratio of 1.92x. Garrett secured multiple technology wins across turbos and zero‑emission products, including a second China e‑powertrain production award (medium‑duty trucks) and a major industrial compressor win with TONFY, with initial oil‑free compressor testing for Trane expected in the coming weeks and production planned in 2027. Interested in Garrett Motion Inc.? Here are five stocks we like better. Garrett Motion Inc. Skids on Results: Is it Time to Buy the Dip? Garrett Motion (NASDAQ:GTX) reported what executives described as a “very strong” start to 2026, citing growth across product verticals, improved profitability, and continued shareholder returns, even as light vehicle production declined during the quarter. President and CEO Olivier Rabiller said the company’s first-quarter performance was “driven by growth in a muted industry and disciplined operational execution.” Net sales were $985 million, up 6% at constant currency. Rabiller said growth was broad-based, including commercial vehicles and industrial, and he attributed light-vehicle outperformance to “share of demand gains in passenger vehicles.” → Roblox Stock Slides to New Low as Safety Changes Weigh on Outlook Can Garrett Motion Turbocharge A Short Squeeze? On profitability, Garrett reported Adjusted EBIT of $151 million, translating to an Adjusted EBIT margin of 15.3%. Rabiller said productivity actions and execution helped convert sales growth into operating performance. The company also posted adjusted free cash flow of $49 million in the quarter. Senior Vice President and CFO Sean Deason said the quarter reflected “sequential growth across all verticals,” driven by share gains in diesel and gasoline applications, a recovery in commercial vehicle volumes, and continued demand for industrial applications. Deason added that the 15.3...

Garrett Motion Inc. GTX posted first-quarter 2026 earnings of 49 cents per share, up 63.3% from 30 cents a year ago. The bottom line beat the Zacks Consensus Estimate of 43 cents, delivering a 15.4% earnings surprise. Net sales came in at $985 million, up 12.2% year over year and ahead of the consensus mark of $917 million by 7.39%. Results reflected solid demand across the portfolio and disciplined execution, with adjusted EBIT margin expanding to 15.3%. GTX currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Garrett Motion Inc. price-consensus-eps-surprise-chart | Garrett Motion Inc. Quote Garrett’s top-line performance was supported by higher demand across all verticals in the quarter. The company pointed to gains in passenger vehicles and strong performance in commercial vehicle, off-highway, and industrial end markets as key contributors. By category, reported sales increased 10% in gasoline and 12% in diesel, aided by new application launches and program ramp-ups. Commercial vehicle/industrial revenues rose 17% on strength across regions, while aftermarket sales advanced 16%, helped by demand and a favorable product mix. Gross profit increased to $196 million from $179 million in the year-ago quarter. However, gross margin dipped to 19.9% from 20.4%. On the cost side, the cost of goods sold rose to $789 million from $699 million, largely tied to higher volumes and unfavorable currency impacts. Headwinds from lower productivity net of labor inflation and repositioning costs, import tariffs and product mix were partly offset by lower RD&E costs and commodity, transportation and energy deflation. Selling, general and administrative expenses edged down to $58 million from $59 million in the prior-year quarter. Management attributed the modest improvement to lower professional services, bad debt recovery and lower personnel costs, partially offset by unfavorable currency impacts. Below operating lines, other expense declined sharply to $1 million from $7 million, aided by the absence of prior-year refinancing-related professional fees. Interest expense declined to $27 million from $29 million, while non-operating income rose to $8 million from $1 million, supported by the resolution of certain environmental liabilities and foreign exchange transactional gains. Net cash provided by operating...

Garrett Motion Inc. (NASDAQ:GTX) is one of the 10 Stocks Delivering Eye-Popping Gains. Garrett Motion soared to a fresh all-time high on Thursday, as investors took heart from the company’s strong earnings performance in the first quarter of the year, and a higher growth outlook for the full-year period. At intra-day trade, the stock climbed to its highest price of $25.77 before paring gains to finish the session just up by 24.99 percent at $25.61 apiece. Photo by RDNE Stock Project on Pexels In an updated report, Garrett Motion Inc. (NASDAQ:GTX) said that it grew its net income by 53 percent to $95 million from $62 million in the same period last year, primarily driven by a $17 million jump in gross profits and a $7 million higher non-operating income. Net sales grew by 12 percent to $985 million from $878 million year-on-year, driven by strong demand from commercial vehicle off-highway and industrial, supported by a higher share in passenger vehicles. Encouraged by the results, Garrett Motion Inc. (NASDAQ:GTX) raised its GAAP net income forecast to a range of $300 million to $360 million, from $295 million to $335 million previously. It also upgraded the upper end of its net sales growth guidance to $3.9 billion from $3.8 billion, while the lower end was maintained at $3.6 billion. In other news, Garrett Motion Inc. (NASDAQ:GTX) announced the distribution of $0.08 in dividends to all shareholders on record as of June 1, 2026, payable on June 15. While we acknowledge the potential of GTX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.

Image source: The Motley Fool. Thursday, April 30, 2026 at 8:30 a.m. ET President & Chief Executive Officer — Olivier Rabiller Chief Financial Officer — Sean Deason Olivier Rabiller: Thank you, Cyril, and thank you all for joining the call today. We started the year by delivering another very strong set of financial results in the first quarter, driven by growth in a muted industry and disciplined operational execution. Net sales for the first quarter were $985 million, up 6% at constant currency. We delivered growth across all verticals, including commercial vehicles and industrial. Considering that light vehicle production was down in Q1, Garrett's growth reflects share of demand gains in passenger vehicles as well as continued strong performance in commercial, off-highway and industrial. Through continued productivity actions and disciplined execution, we have been able to convert this growth into a very solid operating performance. Adjusted EBIT was $151 million, and our adjusted EBIT margin was 15.3%. In addition, we generated an adjusted free cash flow of $49 million in the quarter. Together, the strong results support our decision to increase the upper range of our 2026 full year outlook. Lastly, we continue to allocate capital in line with our stated framework and our commitment to return capital to shareholders. During the first quarter, we maintained our share repurchase activity, buying back $87 million of common stock, and we also paid $16 million in quarterly dividends. With that, let me now turn to Slide 4 to share more on Garrett's continued success across our differentiated technologies. Indeed, we continue to win across our turbo portfolio with multiple gasoline awards, including VNT turbo for hybrids and range extended electric vehicle applications. At the same time, we kept on the successful trend we have seen in industrial as we secured additional wins, including for large power generation applications. Turning now to our zero-emission technologies. We have made solid progress in Q1 2026 as we secured our second commercial vehicle E-Powertrain production award in China with start-up production planned again for 2027. We also won a major production award for our industrial cooling compressor with TONFY in China, a leading supplier for battery energy storage system cooling solutions. Overall, I'm very pleased with our progress. These wins d...

Achieved 6% constant currency sales growth despite a decline in global light vehicle production, driven by significant share of demand gains in gasoline and diesel applications. Capitalized on a recovery in commercial vehicle volumes and sustained demand for industrial applications, particularly in stationary power generation. Delivered a 15.3% adjusted EBIT margin through disciplined productivity actions and favorable foreign exchange, which more than offset tariff pass-through headwinds. Successfully transitioned the portfolio from a legacy diesel-heavy mix to a balanced profile led by gasoline variable geometry turbochargers and zero-emission technologies. Secured a major production award for industrial cooling compressors in China for battery energy storage systems (BESS), validating technology applications beyond traditional automotive. Maintained a disciplined capital allocation strategy, returning over $100 million to shareholders in Q1 through $87 million in share repurchases and $16 million in dividends. Increased the midpoint and upper range of the 2026 full-year outlook across all metrics, reflecting strong Q1 execution and anticipated demand strength through the first half of the year. Maintained the low end of the guidance range as a cautionary measure against macroeconomic uncertainties and geopolitical volatility in the Middle East. Expects to generate positive operating performance for the remainder of the year by leveraging sustained fixed cost actions and variable cost productivity measures. Anticipates a continued recovery in the off-highway sector and on-highway growth in China, supported by the introduction of new products and share of demand gains. Targeting a long-term return of approximately 75% of adjusted free cash flow to shareholders, though the pace of share repurchases will remain sensitive to industry conditions. Announced a second commercial vehicle E-Powertrain production award in China for medium-duty applications, with production scheduled to commence in 2027. Identified the battery energy storage system (BESS) market as a high-growth vertical for cooling technology, driven by major battery manufacturers in China. Noted that while current performance is strong, the company remains mindful of potential supply chain or demand disruptions stemming from global geopolitical events. Confirmed that the upcoming Technology and Inve...

Garrett Motion (GTX) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.3 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +15.40%. A quarter ago, it was expected that this maker of vehicle turbocharging and electric-boosting gear would post earnings of $0.35 per share when it actually produced earnings of $0.42, delivering a surprise of +20%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Garrett Motion, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $985 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 7.39%. This compares to year-ago revenues of $878 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Garrett Motion shares have added about 17.6% since the beginning of the year versus the S&P 500's gain of 4.2%. While Garrett Motion has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Garrett Motion was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. Y...

First Quarter 2026 Financial Highlights Net sales totaled $985 million, up 12% on a reported basis and 6% on a constant currency* basis vs prior year, driven by share of demand gains in passenger vehicles and strong performance in commercial vehicle off-highway and industrial Net income totaled $95 million; Net income margin of 9.6% Adjusted EBIT* totaled $151 million; Adjusted EBIT margin* of 15.3% Net cash provided by operating activities totaled $98 million Adjusted free cash flow* totaled $49 million Raising 2026 full-year outlook First Quarter 2026 Business Highlights Secured several new light vehicle turbo programs, including an additional award for range extended electric vehicles Won a significant volume extension for light commercial vehicle diesel application with a European OEM Multiple commercial vehicle and industrial awards including power generation applications Continued to win in E-Powertrain; second commercial vehicle production award Growing industrial engagement for E-Cooling, including a production award for battery energy storage system PLYMOUTH, Mich. and ROLLE, Switzerland, April 30, 2026 (GLOBE NEWSWIRE) -- Garrett Motion Inc. (Nasdaq: GTX) ("Garrett" or the "Company"), a leading automotive and industrial technology provider, today announced its financial results for the three months ended March 31, 2026. Additionally, the Company's Board of Directors declared a cash dividend of $0.08 per share of common stock, payable on June 15, 2026, to shareholders of record as of June 1, 2026. “Garrett had a strong start to 2026, delivering 6% organic growth,” said Olivier Rabiller, President and CEO of Garrett. “Net sales increased to $985 million, Adjusted EBIT margin expanded to 15.3% and we generated $49 million of Adjusted Free Cash Flow, reflecting disciplined execution and strong volume conversion. During the quarter, we repurchased $87 million of common shares and returned more than $100 million to shareholders including dividends.” “We also continued to secure new business across both our turbo and zero‑emission technology portfolios,” Mr. Rabiller added. “This included an additional commercial vehicle award for our high‑speed E‑Powertrain, alongside growing industrial engagement for our oil‑free E‑Cooling compressor, supporting our strategy to scale our differentiated electrification and industrial offerings.” * See reconciliations to...

Garrett Motion (GTX) reported Q1 earnings Thursday of $0.49 per diluted share, up from $0.30 a year

ROLLE, Switzerland (AP) — ROLLE, Switzerland (AP) — Garrett Motion Inc. (GTX) on Thursday reported first-quarter net income of $95 million. On a per-share basis, the Rolle, Switzerland-based company said it had net income of 49 cents. The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. The maker of vehicle turbocharging and electric-boosting gear posted revenue of $985 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $917.2 million. Garrett Motion expects full-year revenue in the range of $3.6 billion to $3.9 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GTX at https://www.zacks.com/ap/GTX