PHINIA (NYSE:PHIN) Releases Earnings Results, Beats Estimates By $0.15 EPS

PHINIA (NYSE:PHIN) released its quarterly earnings data on Thursday. The company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.68 by $0.15, FiscalAI reports. The firm had revenue of $912.00 million for the quarter, compared to the consensus estimate of $928.21 million. PHINIA had a net margin of 5.22% and a return on equity of 14.32%.

Here are the key takeaways from PHINIA’s conference call:

• Q3 performance was solid, with record adjusted EBITDA of $135 million, a 14.8% margin, and adjusted EPS of $1.83, up 15.1% year over year. Both Power Systems and Aftermarket Solutions delivered strong margins.
• PHINIA raised its 2026 outlook, increasing the revenue range to $3.625 billion–$3.675 billion and adjusted EBITDA guidance to $500 million–$520 million, while forecasting adjusted free cash flow of $220 million–$250 million.
• The company completed its acquisition of stoba Group on October 1, funded with available liquidity, adding off-highway industrial exposure, new customers, supply-chain capabilities, and two aerospace-and-defense-qualified locations.
• New-business momentum remains strong across alternative fuels, commercial vehicles, hybrid applications, aftermarket products, and aerospace and defense; management cited 13 potential aerospace programs across eight customers and expects additional sourcing decisions through 2027.
• Revenue growth remained modest at 0.4% year over year, with China light- and commercial-vehicle weakness and ongoing tariff, commodity, freight, and pricing pressures offsetting strength in North America and European commercial vehicles. Management said most cost pressures are being recovered and expects only limited tariff effects in 2027, assuming policies do not change.

PHINIA Stock Up 2.8%

PHINIA stock traded up $1.72 during midday trading on Friday, reaching $62.78. The company’s stock had a trading volume of 430,845 shares, compared to its average volume of 401,196. The stock’s 50-day simple moving average is $62.07 and its 200-day simple moving average is $71.32. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.70 and a quick ratio of 1.34. PHINIA has a 52-week low of $51.28 and a 52-week high of $86.93. The stock has a market capitalization of $2.30 billion, a P/E ratio of 12.66 and a beta of 1.19.

PHINIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Friday, September 4th were paid a $0.30 dividend. The ex-dividend date was Friday, September 4th. This represents a $1.20 dividend on an annualized basis and a yield of 1.9%. PHINIA’s dividend payout ratio (DPR) is 34.38%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on PHIN shares. Weiss Ratings cut PHINIA from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, September 16th. Northland Securities set a $98.00 price objective on PHINIA in a research report on Friday, July 31st. Wall Street Zen lowered PHINIA from a “buy” rating to a “hold” rating in a research note on Saturday, October 10th. UBS Group reduced their target price on shares of PHINIA from $80.00 to $68.00 and set a “neutral” rating for the company in a report on Wednesday, October 7th. Finally, Zacks Research upgraded shares of PHINIA from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $83.50.

More PHINIA News

Here are the key news stories impacting PHINIA this week:

• Positive Sentiment: Q3 earnings beat expectations: PHINIA reported adjusted earnings of $1.83 per share, above the $1.68–$1.74 analyst consensus and up from $1.59 a year earlier. The earnings beat signals solid profitability and is the primary positive catalyst. Phinia Q3 Earnings Top Estimates
• Positive Sentiment: Outlook improved after the stoba acquisition: PHINIA projected 2026 adjusted EBITDA of $500 million to $520 million, with the recently completed stoba acquisition contributing to the upgraded outlook. The deal is expected to expand the company’s technology and electrification capabilities while supporting earnings growth. PHINIA Outlines 2026 Adjusted EBITDA
• Positive Sentiment: Management commentary reinforced the improved outlook: The earnings call focused on integration of stoba, expected synergies and the company’s ability to execute against its revised 2026 targets. PHINIA Q3 2026 Earnings Call Transcript
• Neutral Sentiment: UBS raised its price target modestly: UBS increased its target to $69 from $68 but maintained a Neutral rating, indicating limited perceived near-term upside despite the earnings beat. UBS Lifts Price Target on PHINIA
• Negative Sentiment: Revenue missed expectations: Third-quarter sales were $912 million, below the approximately $928 million consensus estimate. The shortfall suggests that demand or production volumes remain a potential constraint, even though cost performance produced an earnings beat. PHINIA Reports Third-Quarter Results

Insiders Place Their Bets

In other news, VP Christopher Gustanski sold 2,097 shares of the company’s stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $66.97, for a total transaction of $140,436.09. Following the transaction, the vice president owned 11,301 shares in the company, valued at $756,827.97. This represents a 15.65% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Todd L. Anderson sold 3,056 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $66.41, for a total transaction of $202,948.96. Following the completion of the transaction, the vice president directly owned 26,736 shares of the company’s stock, valued at $1,775,537.76. The trade was a 10.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 55,270 shares of company stock valued at $3,698,592. 2.20% of the stock is currently owned by corporate insiders.

PHINIA Company Profile

PHINIA Inc (NYSE:PHIN) is a global supplier of fuel systems, electrical systems and aftermarket products for automotive, commercial vehicle and industrial applications. The company develops technologies that support the performance, efficiency and emissions management of internal-combustion engines and other propulsion systems.

Its products include fuel injectors, fuel pumps and modules, fuel-system controls, ignition components, sensors, actuators and electronic control systems. PHINIA also supplies diesel fuel systems and related technologies for commercial vehicles and off-highway equipment, as well as replacement parts, service products and solutions through its aftermarket business.

PHINIA was established as an independent public company in 2023 after being spun off from BorgWarner.