WS #16369
Autoliv reported Non-GAAP EPS of $2.19, missing estimates by $0.04, while revenue fell short by $30M. Kering's Q3 results showed a split luxury market, with Gucci sales dropping 9% in China and Japan, highlighting weak retail traffic. Meta's Q3 operating cash flow was strong at $32.8B, but heavy PP&E spending resulted in negative free cash flow, signaling continued aggressive investment.
Corporate Earnings and Guidance
Autoliv reported Non-GAAP EPS of $2.19, missing estimates by $0.04, while revenue fell short by $30M. Kering's Q3 results showed a split luxury market, with Gucci sales dropping 9% in China and Japan, highlighting weak retail traffic. Meta's Q3 operating cash flow was strong at $32.8B, but heavy PP&E spending resulted in negative free cash flow, signaling continued aggressive investment.