NASDAQ$VC

Visteon Corp · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Visteon's Q4 2021 financial results exceeded its previous outlook, driven by strong sales, favorable pricing, and lower net engineering costs.

Visteon reported Q4 net sales of $786 million, a 15% growth-over-market. Net income was $31 million, or $1.09 per diluted share. Adjusted EBITDA was $92 million, representing 11.7% of sales.

  • Q4 net sales reached $786 million, reflecting a 15% growth-over-market.
  • Net income for Q4 was $31 million, or $1.09 per diluted share.
  • Adjusted EBITDA stood at $92 million, which is 11.7% of sales for Q4.
  • The company secured a third electrification customer in Q4.

Headline financials

Total Revenue

$786M

Previous: $787M-0.1%
EPS (adj)

$1.69

Previous: $1.06+59.4%
Adjusted EBITDA

$92M

Previous: $75M+22.7%
Net Income

$31M

Previous: $18M+72.2%
Operating Income

$46M

Previous: $29M+58.6%
Gross Profit

$99M

Previous: $89M+11.2%
Cash & Equivalents

$452M

Previous: $496M-8.9%
Total Assets

$2.23B

Previous: $2.27B-1.6%
Stock-Based Comp

$5M

Previous: $5M+0.0%

Revenue & EPS history

Visteon · Revenue · Quarterly

$786M

Q4 2021-0.1%vs Q4 2020
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Forward guidance

Visteon's full-year 2022 guidance anticipates sales in the range of $3.150 – $3.350 billion, Adjusted EBITDA in the range of $295 – $335 million, and Adjusted Free Cash Flow in the range of $85 – $115 million.

Tailwinds

  • Sales in the range of $3.150 – $3.350 billion.
  • Adjusted EBITDA in the range of $295 – $335 million.
  • Adjusted Free Cash Flow in the range of $85 – $115 million.
  • Sales growth
  • Margin expansion

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 Q4 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (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

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