Dana Incorporated

Dana, Inc. engages in the manufacture, distribution, and sale of technology drive and motion products, sealing solutions, thermal-management technologies, and fluid-power products. It operates through the following segments: Light Vehicle, Commercial Vehicle, Off-Highway, and Power Technologies. The Light Vehicle segment includes drivetrain systems and components for passenger cars, crossovers, sport utility vehicles, vans, and light trucks. The Commercial Vehicle segment consists of drivetrain and tire-pressure management systems, as well as genuine service parts for medium and heavy-duty commercial vehicles. The Off-Highway segment offers drivetrain systems and individual product solutions under the Spicer brand, and motion systems for associated machine working functions and stationary industrial equipment under the Brevini brand. The Power Technologies segment consists of sealing solutions and thermal management technologies for reducing fuel consumption and emissions. The company was founded by Clarence W. Spicer on April 1, 1904 and is headquartered in Maumee, OH.

Earnings data Q3 2023

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MAUMEE, Ohio , Aug. 3, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the J.P. Morgan Auto Conference on Aug. 10, 2023.

Dana Incorporated to Participate in J.P. Morgan Auto Conference

Dana Incorporated (NYSE:DAN ) Q2 2023 Earnings Conference Call July 28, 2023 9:00 AM ET Company Participants Craig Barber - Senior Director of Investor Relations and Strategic Planning Jim Kamsickas - Chairman and Chief Executive Officer Timothy Kraus - Senior Vice President and Chief Financial Officer Conference Call Participants Tom Narayan - RBC Capital Markets Colin Langan - Wells Fargo Noah Kaye - Oppenheimer Ryan Brinkman - JPMorgan Dan Levy - Barclays Emmanuel Rosner - Deutsche Bank Operator Good morning, and welcome to Dana Incorporated's Second Quarter 2023 Financial Webcast and Conference Call. My name is Josh, and I'll be your conference facilitator.

Dana Incorporated (DAN) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for Dana (DAN) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Dana (DAN) Reports Q2 Earnings: What Key Metrics Have to Say

Dana (DAN) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.08 per share a year ago.

Dana (DAN) Beats Q2 Earnings and Revenue Estimates

Key Highlights Sales of $2.75 billion, an increase of $162 million or 6 percent over last year Net income attributable to Dana of $30 million, an increase of $22 million over last year Diluted EPS of $0.21; diluted adjusted EPS of $0.37, an increase of $0.29 per share Adjusted EBITDA of $243 million, an increase of $81 million or 50 percent over last year Adjusted EBITDA margin improved by 250 basis points compared with last year Free cash flow of $134 million MAUMEE, Ohio , July 28, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced financial results for the second quarter of 2023. "Dana had another strong quarter, with sales of $2.75 billion and a 250-basis-point margin improvement," said James Kamsickas, Dana chairman and chief executive officer.

Dana Incorporated Reports Strong 2023 Second-quarter Financial Results, Company Raises Full-year Guidance

MAUMEE, Ohio , July 26, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock.   The board declared a quarterly dividend of $0.10 per share, payable Sept.

Dana to Pay Dividend on Common Stock

Dana Incorporated (DAN) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, DAN's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross.

Dana (DAN) Now Trades Above Golden Cross: Time to Buy?

MAUMEE, Ohio , July 13, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has been named to the inaugural list of "America's Greatest Workplaces 2023" by Newsweek magazine. Dana was the only Tier One supplier focused primarily on mobility markets to make the list.

Dana Named One of Americas Greatest Workplaces by Newsweek Magazine

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Dana (DAN) Right Now?

MAUMEE, Ohio , June 29, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) will release its 2023 second-quarter financial results on Friday, July 28, 2023.  A press release will be issued at approximately 7 a.m.

Dana Incorporated to Announce 2023 Second-quarter Financial Results, Host Conference Call and Webcast on July 28

MAUMEE, Ohio , June 29, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) recently announced its 2022 Supplier Awards recipients. Thirteen companies representing six different countries were recognized for displaying excellence in supporting Dana's cost, quality, and delivery goals, as well as its "Powering into e-Drive" enterprise strategy.

Dana Announces Recipients of 2022 Supplier Awards

Cal-Maine Foods

Xponential Fitness

With Wall Street celebrating a bull market after a tremendous rally this year, it is essential to consider the opportunities ahead. The trending growth names are up quite a lot, and even with the bullish sentiment gaining even more momentum, I do not see them offering much upside potential here.

My Top 3 Growth Stock Picks for June 2023

MAUMEE, Ohio , June 7, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the Deutsche Bank Global Auto Industry Conference on June 14, 2023. Dana's Senior Vice President and Chief Financial Officer Timothy Kraus will participate in a fireside chat beginning at 8:45 a.m.

Dana Incorporated to Participate in Deutsche Bank Global Auto Industry Conference

MAUMEE, Ohio , June 7, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has been named one of America's Climate Leaders 2023 by USA Today.  The list, compiled by the newspaper's research partner, Statista, recognizes the top 400 companies for their 2021 greenhouse gas (GHG) reduction performance against a 2019 baseline.

Dana Named One of America's Climate Leaders 2023 by USA Today

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NEW YORK , June 2, 2023 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Tuesday, June 20, to coincide with the quarterly rebalance. The U.S. equity markets will be closed on Monday, June 19 in observance of the Juneteenth holiday.

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Dana is poised to benefit from the new EV models traditional automotive suppliers are launching in order to compete in an electrifying world. The company reported solid results for Q1,23 as it beat both its revenue and earnings growth forecasts.

Dana: Backbone Of The EV Industry Is Severely Mispriced

Dana Incorporated, a vehicle servicing company, has seen its stock underperform lately, even as sales grow. The company's sales continue to climb, but margins have been mixed.

Dana Incorporated: Recent Share Weakness Unjustly Overshadows Value

MAUMEE, Ohio , May 10, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) ("Dana") today announced that its wholly-owned subsidiary, Dana Financing Luxembourg S.à r.l. (the "Issuer"), has priced its offering of €425 million aggregate principal amount of 8.500% Senior Notes due 2031 (the "2031 Notes").

Dana Prices €425 Million Senior Notes Offering

MAUMEE, Ohio , May 10, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) ("Dana") today announced that its wholly-owned subsidiary, Dana Financing Luxembourg S.à r.l. (the "Issuer"), is proposing to issue €425 million aggregate principal amount of senior unsecured notes due 2031 (the "2031 Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act").

Dana Launches €425 Million Senior Notes Offering

MAUMEE, Ohio , May 4, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in Oppenheimer's 18th Annual Industrial Growth Conference on May 9, 2023. Beginning at 2:15 p.m.

Dana Incorporated to Participate in Oppenheimer's 18th Annual Industrial Growth Conference

Company Expands Electrification Portfolio for Medium-duty Applications ANAHEIM, Calif. , May 2, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN), a leader in electrification solutions for clean commercial vehicle transportation, announced today an expansion of its Spicer Electrified™ e-Powertrain offerings to include a family of e-Transmissions for a wide variety of medium-duty electric-vehicle applications.

Dana Introduces Spicer Electrified™ e-Transmissions for Commercial Vehicles

Dana (DAN) came out with quarterly earnings of $0.25 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.16 per share a year ago.

Dana (DAN) Surpasses Q1 Earnings and Revenue Estimates

Key Highlights Sales of $2.64 billion, an increase of $164 million or 7 percent over last year Net income attributable to Dana of $28 million, an increase of $11 million over last year Diluted EPS of $0.19; diluted adjusted EPS of $0.25, an increase of $0.09 per share Adjusted EBITDA of $204 million, an increase of $34 million or 20 percent over last year Adjusted EBITDA margin improved by 80 basis points compared with last year Leveraging cutting-edge 4-in-1 e-Propulsion Systems across all end markets MAUMEE, Ohio , April 28, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced financial results for the first quarter of 2023. "Dana achieved strong sales of $2.64 billion in the first quarter, with significantly improved profit margin over the previous year, driven by healthy customer demand in all our end markets, as well as new and replacement business rolling-on," said James Kamsickas, Dana chairman and chief executive officer.

Dana Incorporated Reports 2023 First-quarter Financial Results with Record Sales and Higher Profit

Dana (DAN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Dana (DAN) Might Surprise This Earnings Season

Dana (DAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Dana Incorporated Stock (DAN)