February 05, 2013 at 15:06 PM EST
Delphi Steers Through Europe's Auto Skid In Q4
Car parts maker Delphi (DLPH) reported better-than-expected earnings despite the prolonged skid of European automakers. The British company reported adjusted fourth-quarter earnings per share of 90 cents, from last year's adjusted EPS of 91 cents. That was 3 cents higher than the consensus estimate of analysts surveyed by Thomson Reuters. Revenue fell 4% to $3.8 billion, largely in line with views. That included an 11% boost in Asia, a 6% increase
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