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Delphi Automotive Cuts Revenue, Earnings Guidance

Delphi Automotive PLC on Thursday reported an 32% boost in third-quarter net income, with handling formula narrowly outpacing Wall Street expectations, though a association reduced a full-year superintendence as tellurian marketplace pressures, including a important slack in China, cloud a outlook.

The U.S. auto-parts retailer posted net income of $404 million, or $1.42 a share, adult from $305 million, or $1.02 a share, a year ago. Quarterly…

Article source: http://www.wsj.com/articles/delphi-automotive-cuts-revenue-earnings-guidance-1446126196

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