NYSE$DAN

Dana Holding Corp · Q2 2021 earnings

Q2 2021 earnings · · Investor relations

Briefing

Dana reported robust financial results driven by strong demand.

Dana Incorporated reported strong second-quarter results with sales reaching $2.2 billion, a net income of $53 million, and an adjusted EBITDA of $233 million. The company is managing supply-chain challenges and remains focused on expanding its vehicle electrification business.

  • Sales of $2.2 billion, an increase of $1.1 billion
  • Net income attributable to Dana of $53 million, an increase of $227 million
  • Diluted EPS of $0.36, an increase of $1.56
  • Adjusted EBITDA of $233 million, an increase of $238 million

Headline financials

Total Revenue

$2.21B

Previous: $1.08B+104.5%
EPS (adj)

$0.59

Previous: -$0.69+185.5%
Operating Cash Flow

$67M

Previous: -$75M+189.3%
Adjusted EBITDA

$233M

Previous: -$5M+4760.0%
Free Cash Flow

$53M

Previous: -$174M+130.5%
Net Income

$53M

Previous: -$174M+130.5%
Operating Income

$113M

Previous: -$112M+200.9%
Gross Profit

$252M

Previous: -$10M+2620.0%
Cash & Equivalents

$384M

Previous: $694M-44.7%
Total Assets

$7.68B

Previous: $6.91B+11.2%

Revenue & EPS history

Dana · Revenue · Quarterly

$2.21B

Q2 2021+104.5%vs Q2 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Dana · $1.87B total across 2 segments · Q1 2026

  • Light Vehicle
    $1.27B
  • Commercial Vehicle
    $599M

Forward guidance

Dana is maintaining its full-year guidance ranges but indicating that sales will likely be at the higher end due to strong market demand.

Tailwinds

  • Sales of $8.5 to $9.0 billion
  • Adjusted EBITDA of $920 million to $1.0 billion
  • Implied adjusted EBITDA margin of range of approximately 10.5 to 11 percent
  • Diluted adjusted EPS of $2.10 to $2.60
  • Operating cash flow of approximately 7 percent of sales

Headwinds

  • Net income and diluted EPS guidance are not provided
  • Difficulty of projecting event-driven transactional and other non-core operating items
  • Restructuring actions
  • Asset impairments
  • Income tax valuation adjustments

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q2 2021

Historical avgQ2 2021

-0.6%

Avg return

Earnings day

-1.4%

Avg return

5 days after

-0.5%

Avg return

30 days after

45%

30 / 66 earnings

Positive

+20.1%

Q2 2012

Best reaction

-24.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-4.4%-1.8%-10.7%
Q4 2025+5.3%+6.0%-4.4%
Q3 2025+7.9%+2.8%+11.9%
Q2 2025+7.2%+14.1%+34.5%
Q1 2025+5.8%+11.9%+28.0%
Q4 2024-0.5%-5.6%-13.8%
Q3 2024-24.4%-23.9%-1.4%
Q2 2024+3.0%-8.0%-4.1%
Q1 2024+5.1%+5.5%+10.1%
Q4 2023-8.8%-6.6%-7.8%
Q3 2023-8.0%-11.3%+3.2%
Q2 2023+0.9%-1.8%-17.2%
Q1 2023-0.2%-0.1%-6.5%
Q4 2022-15.3%-17.2%-27.2%
Q3 2022+8.7%+12.3%+24.1%
Q2 2022-4.5%-3.3%-10.9%
Q1 2022+1.3%-0.1%+9.3%
Q4 2021-11.3%-13.5%-18.8%
Q3 2021-11.8%-11.9%-4.8%
Q2 2021-0.9%-3.4%+0.3%
Q1 2021-4.4%-6.8%-2.0%
Q4 2020-2.3%+2.2%+10.9%
Q3 2020-1.0%-3.7%+20.1%
Q2 2020-11.3%-5.0%+9.5%
Q1 2020+3.3%-0.5%+21.1%
Q4 2019+4.1%+2.3%-46.4%
Q3 2019-3.5%+6.1%+0.8%
Q2 2019-18.5%-24.4%-33.6%
Q1 2019-5.0%-7.3%-23.8%
Q4 2018+15.8%+15.4%+5.4%
Q3 2018-10.6%-5.5%-10.3%
Q2 2018-2.3%+2.9%-3.5%
Q1 2018-5.5%-4.6%-9.8%
Q4 2017-5.4%-7.4%-13.6%
Q3 2017+4.8%+5.8%+10.0%
Q2 2017+1.8%+4.1%+1.9%
Q1 2017+4.0%+6.0%+13.8%
Q4 2016-0.9%-0.6%-4.7%
Q3 2016+2.0%+1.3%+16.1%
Q2 2016+15.6%+20.0%+25.0%
Q1 2016-7.3%
Q4 2015-9.7%
Q3 2015-1.2%
Q2 2015-4.9%
Q1 2015+1.1%
Q4 2014-2.0%
Q3 2014+14.4%
Q2 2014+2.9%
Q1 2014-9.9%
Q4 2013+6.0%
Q3 2013-16.3%
Q2 2013+5.5%
Q1 2013-2.9%
Q4 2012-1.0%
Q3 2012-0.4%
Q2 2012+20.1%
Q1 2012+6.1%
Q4 2011+3.5%
Q4 2009+3.5%
Q4 2010+3.5%
Q3 2010+8.3%
Q3 2011+8.3%
Q2 2011-3.6%
Q1 2011-1.3%
Q1 2010-1.3%
Q2 2010+2.8%

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