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Lear Corporation (LEA) Q1 2026 Earnings Call Transcript
2026-05-02 · via All Articles on Seeking Alpha

Q1: 2026-05-01 Earnings Summary

EPS of $3.87 beats by $0.36

 | 

Revenue of

$5.82B

(4.72% Y/Y)

misses by $21.37M

Lear Corporation (LEA) Q1 2026 Earnings Call May 1, 2026 9:00 AM EDT

Company Participants

Timothy Brumbaugh
Raymond Scott - President, CEO & Director
Jason Cardew - Senior VP & CFO

Conference Call Participants

Dan Levy - Barclays Bank PLC, Research Division
Colin Langan - Wells Fargo Securities, LLC, Research Division
Joseph Spak - UBS Investment Bank, Research Division
Mark Delaney - Goldman Sachs Group, Inc., Research Division
James Picariello - BNP Paribas, Research Division
Emmanuel Rosner - Wolfe Research, LLC

Presentation

Operator

Good morning, everyone, and welcome to the Lear Corporation First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please also note today's event is being recorded.

At this time, I'd like to turn the floor over to Tim Brumbaugh, Vice President, Investor Relations. Please go ahead.

Timothy Brumbaugh

Thanks, Jamie. Good morning, everyone, and thank you for joining us for Lear's First Quarter 2026 Earnings Call. Presenting today are Ray Scott, Lear President and CEO; and Jason Cardew, Senior Vice President and CFO. Other members of Lear's senior management team have also joined us on the call. Following prepared remarks, we will open the call for Q&A. You can find a copy of the presentation that accompanies these remarks at ir.lear.com.

Before Ray begins, I'd like to take this opportunity to remind you that as we conduct this call, we will be making forward-looking statements to assist you in understanding Lear's expectations for the future. As detailed in our safe harbor statement on Slide 2, our actual results could differ materially from these forward-looking statements due to many factors discussed in our latest 10-K and other periodic reports.

I also want to remind you that during today's presentation, we will refer to non-GAAP financial metrics. You are directed to the slides in the appendix of our presentation for the reconciliation of non-GAAP items to