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Aptiv (APTV) to Report Q3 Earnings: What's in the Offing?

Aptiv PLCAPTV is set to report third-quarter 2018 results on Oct 31, before the bell.

The company has an Earnings ESP of -2.36% and a Zacks Rank #3 (Hold), a combination that decreases odds of an earnings beat. This is because, per our proven model, a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 to beat estimates. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter .

We don't recommend Sell-rated stocks (Zacks Rank #4 or 5) going into the earnings announcement.

Aptiv has an impressive surprise history, having surpassed estimates in three of the trailing four quarters, the average being 3.1%.

So far this year, the stock has lost 13.1% compared with the S&P 500's 0.4% decline.

Let's see how things are shaping up for this announcement:

Recap of the Second-Quarter Performance

Aptiv's second-quarter earnings and revenues came ahead of the Zacks Consensus Estimate.

Notably, this marked the 10 th consecutive quarter of the Advanced Safety and User Experience segment's solid double-digit growth.

Factors in Play

The Advanced Safety and User Experience segment remains in good shape, backed by strength across Active Safety and the infotainment in user product lines. Software development and vehicle architecture, including central compute platforms, enables the company to uniquely optimize advanced safety and infotainment user experience solutions, thereby driving business wins.

Aptiv PLC Revenue (TTM)

Aptiv PLC Revenue (TTM) | Aptiv PLC Quote

The Signal and Power Solutions segment also look promising, courtesy of increasing high voltage electrification and engineered components volumes. Both Winchester and KUM acquisitions have strengthened the segment.

We remain positive about Aptiv's technology investments, acquisitions and collaborations that help it capitalize on developing automotive markets.

Stocks to Consider

Here are a few stocks from the broader Business Services sector that investors may consider as our model shows that these have the right combination of elements to beat on earnings in third-quarter 2018:

Cardtronics CATM has an Earnings ESP of +3.20% and a Zacks Rank #1. The company is slated to release third-quarter 2018 results on Nov 1. You can see the complete list of today's Zacks #1 Rank stocks here.

Clean Harbors CLH has an Earnings ESP of +1.22% and a Zacks Rank #1. The company is slated to release results on Oct 31.

WEX WEX has an Earnings ESP of +0.15% and a Zacks Rank #2. The company is scheduled to report third-quarter 2018 results on Oct 31.

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Cardtronics PLC (CATM): Free Stock Analysis Report

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Clean Harbors, Inc. (CLH): Free Stock Analysis Report

Aptiv PLC (APTV): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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