(Reuters) - TRW reported a net loss of $86 million, or 87 cents per share, for the first quarter, compared with net earnings of $47 million, or 46 cents per share, a year earlier.
Excluding debt charges in both periods, TRW's earnings fell to $61 million or 60 cents per share, from $104 million, or $1.01 per share, a year earlier, on pressure from production cuts by customers in North America and higher commodity costs.
Read more at Reuters.com Market News
No comments:
Post a Comment