Autoliv Reports $1.89 EPS (ALV)

Stockholm, Sweden-based Autoliv, Inc. ALV released financial results on Tuesday morning. Autoliv, Inc announced 4th quarter net income of $179 million, or $1.89 per share. Autoliv, Inc also reported that its revenue rose 14% from year earlier to $1.91 billion. According to a poll of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of $1.73 per share, on revenue of $1.93 billion. Autoliv, Inc. (ALV) finished the previous trading day at $76.80 per share. The consensus price target of analysts covering the company's stock is $83.06 per share. Autoliv, Inc is the worldwide leader in automotive safety systems and develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Read more from Benzinga's Company news.