Phinia Inc. (NYSE:PHIN), known for its expertise in premium fuel and electrical systems as well as aftermarket solutions, posted second-quarter results that surpassed analyst predictions by a wide margin, boosting its stock by 2.2% following the announcement.
For the quarter ending June 30, 2025, Phinia reported adjusted earnings per share of $1.27, comfortably exceeding the estimated $0.93. Revenues reached $890 million, marking a 2.5% increase year-over-year and slightly above consensus expectations. When adjusting for foreign exchange fluctuations and concluded contract manufacturing deals, net sales rose 1.0% compared to last year, largely due to customer pricing tied to tariff recovery efforts.
“Our team continues to navigate a dynamic landscape shaped by economic uncertainties, tariff impacts, and evolving customer demands,” stated Brady Ericson, Phinia’s President and CEO. “As demonstrated by our second-quarter results, we remain focused on cost management and supply chain resilience.”
The company’s net income hit $46 million, resulting in a 5.2% net margin—a remarkable increase of $32 million and 360 basis points from the prior year. Adjusted EBITDA totaled $126 million with a margin of 14.2%, reflecting growth of $9 million and 60 basis points versus the same period in 2024.
Phinia updated its guidance for the full year 2025, forecasting revenues between $3.33 billion and $3.43 billion, consistent with the analyst consensus of $3.34 billion. The company anticipates net earnings in the range of $140 million to $170 million and adjusted EBITDA between $455 million and $485 million, with adjusted free cash flow expected to fall between $160 million and $200 million.
During the quarter, Phinia returned $50 million to shareholders through $40 million in share buybacks and $10 million in dividends. The company also revealed plans to acquire Swedish Electromagnet Invest AB for about $47 million, aiming to broaden its presence in the commercial vehicle, industrial, and aftermarket segments.
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