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BorgWarner Inc. (BWA) provides solutions for combustion, hybrid, and electric vehicles worldwide. 
The company operates through four segments: Air Management, E-Propulsion & Drivetrain, Fuel Injection, and Aftermarket.
The Air Management segment offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, canisters, cabin heaters, battery modules and systems, battery packs, battery heaters, and battery charging.
The E-Propulsion & Drivetrain segment provides rotating electrical components, power electronics, control modules, software, friction, and mechanical products for automatic transmissions and torque-management products.
The Fuel Injection segment develops and manufactures gasoline and diesel fuel injection components and systems.
The Aftermarket segment sells products and services to independent aftermarket customers and original equipment service customers. This segment provides a range of solutions, including fuel injection, electronics and engine management, maintenance, and test equipment and vehicle diagnostics.
The company sells its products to original equipment manufacturers of light vehicles, which comprise passenger cars, sport-utility vehicles, vans, and light trucks; commercial vehicles, including medium-duty and heavy-duty trucks, and buses; and off-highway vehicles.
On October 27th, BWA reported 3rd Quarter September 2022 earnings of $1.24 per share on revenue of $4.1 billion. The consensus earnings estimate was $1.02 per share on revenue of $4.0 billion. Revenue grew 18.9% on a year-over-year basis.
Guided Higher: The company said it expects 2022 earnings of $4.25 to $4.45 per share on revenue of $15.40 billion to $15.70 billion. The company's previous guidance was earnings of $4.00 to $4.40 per share on revenue of $15.50 billion to $16.00 billion and the consensus earnings estimate was $4.24 per share on revenue of $15.75 billion for the year ending December 31, 2022.
Shares are on the cusp of breaking out of their bullish "cup and handle" and higher share prices are expected. The compay reports February 7th.
Entry Point: $44.50
Stop Loss: $42.00
Trading Range: $31.14 - $49.84
Target Price: $48.90
BWA closed at $49.00
