{"id":94794,"date":"2026-02-19T16:34:51","date_gmt":"2026-02-19T19:34:51","guid":{"rendered":"https:\/\/automotive.einnews.com\/article\/893815188"},"modified":"2026-02-19T16:34:51","modified_gmt":"2026-02-19T19:34:51","slug":"gtx-shares-lower-on-cautious-fy26-automotive-production-outlook","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/19\/gtx-shares-lower-on-cautious-fy26-automotive-production-outlook\/","title":{"rendered":"GTX Shares Lower On Cautious FY26 Automotive Production Outlook"},"content":{"rendered":"
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Garrett Motion Inc. <\/strong>(NASDAQ:<\/a>GTX<\/a>) shares are trading lower premarket on Thursday after the company reported fourth-quarter earnings results<\/a>.<\/p>\n

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Earnings Snapshot<\/h2>\n

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The company reported net sales of $891 million, a 6% increase year-over-year (Y\/Y), beating the $875.16 million consensus estimate<\/a>.<\/p>\n

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By segment, sales of Commercial vehicles rose 9% Y\/Y and aftermarket increased 4% Y\/Y.<\/p>\n

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Net sales growth was led by favorable foreign currency and higher demand for commercial vehicles and diesel applications.<\/p>\n

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Adjusted earnings per share of 42 cents beat the 36 cents estimate. Net income totaled $84 million in the quarter.<\/p>\n

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Adjusted results included adjusted EBIT of $122 million, yielding an adjusted EBIT margin of 13.7%.<\/p>\n

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Cash Flow and Capital Allocation Highlights<\/h2>\n

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The company\u2019s operations generated robust cash, with operating cash flow totaling $99 million and adjusted free cash flow reaching $139 million.<\/p>\n

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Garrett maintained strong liquidity, reporting $807 million in available liquidity, including $177 million in cash and cash equivalents.<\/p>\n

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The company repurchased $72 million of common stock in the quarter.<\/p>\n

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On December 3, 2025, the company\u2019s Board authorized a new $250 million share repurchase program, which is valid from January 1, 2026, until December 31, 2026.<\/p>\n

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Outlook<\/h2>\n

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Garrett expects FY26 sales of $3.60 billion-$3.80 billion vs consensus of $3.690 billion, adjusted EBIT of $520 million-$570 million, and adjusted free cash flow of $355 million-$455 million<\/a>.<\/p>\n

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The company projects light vehicle industry production to be down 1% to 3%, commercial vehicle industry (including both on- and off-highway) to be up 1% to 2% and average light vehicle battery electric vehicle penetration of 19% in 2026.<\/p>\n

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Price Action: <\/strong>GTX shares were trading lower by 7.97% to $18.95 at last check on Thursday.<\/p>\n

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Image: Shutterstock<\/em><\/p>\n

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Garrett Motion Inc.\u00c2\u00a0(NASDAQ:GTX) shares are trading lower premarket on Thursday after the company reported fourth-quarter earnings results. Earnings Snapshot The company reported net sales of\u00c2\u00a0$891\u00c2\u00a0million, a\u00c2\u00a06%\u00c2\u00a0increase year-over-year (Y/Y), beating …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-94794","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/94794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=94794"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/94794\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=94794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=94794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=94794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}