How does APTV's earnings surprise trend look?

Aptiv PLC (APTV) has shown a positive earnings surprise trend, with recent estimates indicating a growth trajectory that outpaces market expectations.

1. **Consistent Growth Outlook**: Analysts have consistently forecasted a significant increase in Aptiv's earnings per share (EPS), with the latest report period expecting EPS of $1.53, reflecting a 31.9% year-over-year growth.

|code|Ticker|Name|Date|Estimate EPS|EPS Surprise|market_code|
|---|---|---|---|---|---|---|
|APTV|APTV.N|Aptiv|2024 Q1|1.02|0.14|169|
|APTV|APTV.N|Aptiv|2024 Q2|1.42|0.16|169|
|APTV|APTV.N|Aptiv|2024 Q3|1.67|0.16|169|
|APTV|APTV.N|Aptiv|2024 Q4|1.63|0.12|169|

2. **Revenue Expectations**: Alongside the earnings growth, the consensus estimates forecast revenue to be $4.77 billion, indicating a 2.58% decline year-over-year, which is a modest contraction compared to the prior year's corresponding quarter. However, for the entire fiscal year, the revenue forecast is $19.85 billion, suggesting a 0.67% increase, reflecting stability and potential growth in the longer term.
3. **Valuation and Market Position**: Aptiv's stock has been trading at a Forward P/E ratio, which is a positive indicator of investor confidence and the company's strong market position. The recent upgrade to a Zacks Rank #2 (Buy) further supports the positive outlook, as it reflects an upward trend in earnings estimates and the potential for stock price appreciation.
4. **Market Performance**: Despite short-term fluctuations, Aptiv's stock has outpaced the Auto-Tires-Trucks sector's losses in the past month, showing resilience in the challenging market environment. This performance, coupled with the company's strong fundamentals, supports the positive earnings surprise trend.

In conclusion, Aptiv PLC (APTV) demonstrates a robust earnings surprise trend, with strong growth projections and a stable revenue forecast, positioning it favorably in the market and suggesting a positive outlook for investors.