Lear Corporation (LEA) reported second-quarter 2026 adjusted earnings of $4.28 per share, a 23.3% increase year-over-year, surpassing the Zacks Consensus Estimate of $3.89 by 10.03%. Revenues rose 3% to $6.21 billion, exceeding the consensus projection of $6.14 billion. The company’s core operating earnings increased 7% to $313 million, while free cash flow surged 69% to $288 million.
In terms of segment performance, Seating sales climbed 3% year-over-year to $4.62 billion, with adjusted segment earnings rising 4% to $311.5 million. E-Systems sales increased 2% to $1.59 billion, with adjusted earnings of $91.3 million. Year-to-date, Lear has generated approximately $2.9 billion in business awards, driven by significant contracts in both Seating and E-Systems. The company has also revised its full-year 2026 guidance, now expecting net sales of $23.54-$24.01 billion and core operating earnings of $1.08-$1.20 billion.
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