TRW Reports Third Quarter Financial Results /PRNewswire/

Article by · 2014/10/28 ·

LIVONIA, Mich., Oct. 28, 2014 /PRNewswire/ — TRW Automotive Holdings Corp. NYSE: TRW, the global leader in active and passive safety systems, today reported third quarter 2014 financial results with sales of $4.2 billion, a decrease of 1% compared to the prior year period up 3% excluding the effect of businesses exited. The Company reported GAAP third quarter net earnings of $189 million or $1.61 per diluted share, which compares to net earnings of $197 million or $1.60 per diluted share in the prior year period.

Excluding special items from the Company’s current and prior year quarterly results, the Company reported third quarter 2014 net earnings of $205 million, or $1.75 per diluted share, an increase of 15% compared to last year’s third quarter earnings of $1.52 per diluted share.(…)

via TRW Reports Third Quarter Financial Results — LIVONIA, Mich., Oct. 28, 2014 /PRNewswire/ —.