Delphi Technologies Poised to Benefit from Clean Air Regulation and Powertrain Electrification
Narrow-moat rated Delphi Technologies completed its first year as a standalone company after being spun-off from former parent Aptiv (formerly Delphi Automotive). Full-year 2018 diluted earnings per share before special items, or EPS, were $4.38, $0.19 better than the sell-side consensus EPS of $4.19 but $0.85 worse than last year’s comparable proforma EPS of $5.23. Revenue was just 1.8% higher to $4.86 billion versus pro-forma 2017 revenue of $4.78 billion with a 1.2% increase in powertrain sys...
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