NASDAQ$VC
Visteon Corp · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Visteon's financial performance saw sales increase, driven by higher customer vehicle production and product launches, while also maintaining strong operational and commercial discipline.
Visteon Corporation reported a strong second quarter with sales up 18% year-over-year, driven by higher customer vehicle production and ongoing product launches. The company achieved its 17th consecutive quarter of growth-over-market. They reiterated their full year 2023 guidance.
- Sales of $983 million, up 18% from prior year
- 17th consecutive quarter of growth-over-market
- Net income of $20 million, Adjusted net income of $34 million
- Adjusted EBITDA of $90 million, including $15 million exceptional recall charge
Headline financials
Revenue & EPS history
Visteon · Revenue · Quarterly
$983M
Forward guidance
Visteon is maintaining its full-year 2023 guidance and anticipates sales in the range of $3.95 – $4.15 billion, Adjusted EBITDA in the range of $405 – $445 million, and Adjusted Free Cash Flow in the range of $115 – $165 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2023
+0.7%
Avg return
Earnings day
+1.7%
Avg return
5 days after
+0.3%
Avg return
30 days after
61%
38 / 62 earnings
Positive
+14.2%
Q4 2021
Best reaction
-20.0%
Q1 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +9.5% | +10.4% | +13.3% | |
| Q4 2025 | -11.4% | -7.8% | -19.7% | |
| Q3 2025 | -4.7% | -7.0% | -11.6% | |
| Q2 2025 | -1.5% | -1.2% | +0.9% | |
| Q1 2025 | +4.6% | +8.4% | +11.3% | |
| Q4 2024 | +5.0% | +6.5% | -1.4% | |
| Q3 2024 | +6.0% | +9.6% | +5.0% | |
| Q2 2024 | +4.9% | +8.0% | -5.1% | |
| Q1 2024 | +0.9% | -0.5% | -1.2% | |
| Q4 2023 | -2.0% | -3.4% | -3.3% | |
| Q3 2023 | -4.0% | -7.4% | -4.7% | |
| Q2 2023 | -1.0% | -1.0% | -3.3% | |
| Q1 2023 | -3.5% | -6.7% | -5.0% | |
| Q4 2022 | +2.5% | +1.1% | -4.4% | |
| Q3 2022 | -1.7% | +4.5% | +14.9% | |
| Q2 2022 | +7.9% | +7.1% | +2.7% | |
| Q1 2022 | +11.8% | +16.3% | +14.1% | |
| Q4 2021 | +14.2% | +21.1% | +2.6% | |
| Q3 2021 | +11.3% | +13.6% | +11.3% | |
| Q2 2021 | +1.8% | +1.7% | -2.0% | |
| Q1 2021 | -1.8% | -4.3% | -1.2% | |
| Q4 2020 | -10.8% | -9.4% | -3.2% | |
| Q3 2020 | +8.8% | +12.1% | +47.4% | |
| Q2 2020 | -4.1% | +1.5% | +0.9% | |
| Q1 2020 | +1.8% | +0.4% | +21.6% | |
| Q4 2019 | -11.3% | -22.0% | -45.5% | |
| Q3 2019 | +13.5% | +11.5% | +11.1% | |
| Q2 2019 | +5.1% | +7.2% | -2.5% | |
| Q1 2019 | -20.0% | -17.2% | -41.2% | |
| Q4 2018 | +7.5% | +4.9% | -17.4% | |
| Q3 2018 | -1.7% | +3.1% | +8.4% | |
| Q2 2018 | -8.1% | -6.0% | -9.6% | |
| Q1 2018 | +5.1% | +5.8% | +9.6% | |
| Q4 2017 | +1.8% | -0.0% | -12.6% | |
| Q3 2017 | +3.4% | +3.3% | +6.9% | |
| Q2 2017 | +1.3% | +1.3% | +1.9% | |
| Q1 2017 | +4.5% | +2.0% | +1.8% | |
| Q4 2016 | -0.3% | -1.9% | +1.3% | |
| Q3 2016 | +2.6% | +2.6% | +16.3% | |
| Q2 2016 | +1.4% | -1.4% | +2.8% | |
| Q1 2016 | -0.4% | — | — | |
| Q4 2015 | +3.8% | — | — | |
| Q3 2015 | +6.0% | — | — | |
| Q2 2015 | +2.7% | — | — | |
| Q1 2015 | +3.8% | — | — | |
| Q4 2014 | -2.0% | — | — | |
| Q3 2014 | +3.5% | — | — | |
| Q2 2014 | +0.5% | — | — | |
| Q1 2014 | +1.7% | — | — | |
| Q4 2013 | -3.1% | — | — | |
| Q3 2013 | -2.2% | — | — | |
| Q2 2013 | +3.9% | — | — | |
| Q1 2013 | +2.6% | — | — | |
| Q4 2012 | +2.1% | — | — | |
| Q3 2012 | +10.8% | — | — | |
| Q2 2012 | -13.1% | — | — | |
| Q1 2011 | -5.2% | — | — | |
| Q1 2012 | +0.9% | — | — | |
| Q4 2011 | +0.4% | — | — | |
| Q3 2011 | +4.8% | — | — | |
| Q2 2011 | -8.6% | — | — | |
| Q4 2010 | -16.5% | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro