PHINIA Q2 Sales Beat, But EPS Misses; Guides 2026 Revenue Up to $3.67B
PHIN sits 64% above its 52-week low of $48.94.
Summary
PHINIA reported Q2 sales of $940M, beating the $926.81M consensus, driven by Americas volume growth and the SEM acquisition. Adjusted EPS of $1.53 missed estimates by $0.04, pressured by higher employee costs and unfavorable mix. Full-year 2026 guidance calls for net sales of $3.57B-$3.67B, net earnings of $155M-$180M, and adjusted EBITDA of $485M-$515M. This follows the June 30 announcement of the Stoba Group acquisition, which expands manufacturing capabilities. The top-line beat and raised outlook signal demand strength, but margin pressure and the EPS miss temper the positive tone.
At the time of this announcement, PHIN was trading at $80.30 on NYSE in the Manufacturing sector, with a market capitalization of approximately $3B. The 52-week trading range was $48.94 to $86.94. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.