Linamar Q1 2023 Earnings Report

Linamar EPS Results

• Actual EPS: C$1.98
• Consensus EPS: C$1.72
• Beat/Miss: Beat by +C$0.26
• One Year Ago EPS: N/A

Linamar Revenue Results

• Actual Revenue: $2.29 billion
• Expected Revenue: $2.06 billion
• Beat/Miss: Beat by +$234.10 million
• YoY Revenue Growth: N/A

Linamar Announcement Details

• Quarter: Q1 2023
• Date: 5/10/2023
• Time: N/A

Linamar (TSE:LNR), together with its subsidiaries, produces engineered products in Canada, Europe, the Asia Pacific, and rest of North America. It operates through two segments, Mobility and Industrial. The Mobility segment focuses on light metal casting, forging, machining, and assembly for electrified and powered vehicle markets. It also focuses on components and systems for global mobility market; and design, development, and testing services. The Industrial segment manufactures scissor, boom, and telehandler lifts for the aerial work platform industry. This segment also manufactures draper headers and self-propelled windrowers for the agricultural harvesting industry, as well as supplies farm tillage and crop fertilizer application equipment. Linamar Corporation was founded in 1964 and is headquartered in Guelph, Canada.