Autoliv Q4 EPS Tops View - Quick Facts

(RTTNews) - Autoliv, Inc. (ALV), a provider of automotive safety systems, Thursday said fourth-quarter net income attributable to controlling interest climbed to $148.2 million from $99.7 million in the previous year. Earnings per share improved to $1.65 from $1.04.

Adjusted earnings per share were $1.81, compared to $1.70 last year. On average, 12 analysts polled by Thomson Reuters expected earnings of $1.63 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales edged up to $2.354 billion from $2.352 billion in the previous year. Analysts expected revenues of $2.36 billion.

For the first quarter of 2015, the company expects organic sales to increase by around 3 percent, and an adjusted operating margin of around 8 percent.

The expectation for full year is for organic sales growth of over 6 percent, and an adjusted operating margin of around 9.5 percent.

ALV, which closed down 0.9 percent on Wednesday at $101.77, rose 2.8 percent in pre-market activity.