Aptiv PLC shares tumbled 8.86% in pre-market trading on Tuesday, reacting to the company's second-quarter results and a disappointing full-year revenue outlook.
The company reported quarterly sales of $3.274 billion, missing the analyst consensus estimate of $3.316 billion, while adjusted earnings per share of $1.63 beat expectations of $1.43. However, investor focus turned to the guidance, where Aptiv expects full-year 2026 revenue between $12.60 billion and $12.80 billion, significantly below the FactSet estimate of $13.27 billion. Full-year adjusted EPS is projected in the range of $5.60 to $5.80.
The revenue miss and the lower-than-expected forecast overshadowed the earnings beat, triggering a sharp sell-off in the pre-market session.