BUZZ - BorgWarner shares fall as it lowers its sales forecast ceiling and third-quarter revenue misses expectations

October 29 - ** BorgWarner BWA.N shares fell about 4% to $53.82 after reporting third-quarter financial results

** The auto parts supplier lowered its fiscal 2026 net sales forecast from $14.0 billion–$14.3 billion to $14.0 billion–$14.2 billion

** According to LSEG data, third-quarter revenue was $3.49 billion, below the expected $3.51 billion

** Net sales for the Turbo & Emissions and Thermal Systems segment fell 4.5% year-on-year

** Net sales for the Drivetrain and Morse Systems segment fell 7.3% year-on-year

** BWA raised its fiscal 2026 adjusted earnings-per-share (EPS) guidance from $5.05–$5.30 to $5.20–$5.35; the midpoint is slightly above the expected $5.25

** Fiscal 2026 free cash flow is expected to be $900 million to $1.1 billion, unchanged

** Third-quarter adjusted earnings per share was $1.39, above market expectations of $1.25

** Including today's price move, the stock is up about 20% year-to-date

(To assist non-English speakers, Reuters has automated the translation of its reports into several other languages. Automated translation may contain errors or lack context, so Reuters does not guarantee the accuracy of translated texts. Automated translation is provided solely for readers' convenience. Reuters accepts no responsibility for any damage or loss arising from the use of automated translation.)