Stock Data
$0.62 (2.03%)
Asset Type
Common Stock
Exchange
NASDAQ
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
AUTO PARTS
Garrett Motion Inc. specializes in advanced technologies for turbocharging and air compression across the mobility and industrial sectors. With a focus on innovation, it supplies original equipment manufacturers and distributors globally with products for light vehicles, commercial vehicles, and various industrial applications. Its portfolio includes technologies for enhancing the performance of internal combustion engines and solutions for electric cooling compressors. Based in Switzerland, Garrett Motion also serves the aftermarket through a network of distributors, marking its presence since 2018.
Garrett Motion notched its fourth straight EPS beat with a 0.53 result, while raising full-year net income guidance to $330-$360 million on the back of accelerating commercial vehicle and industrial wins, including data center genset applications and e-powertrain development.
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