DAN News

Rating Action: Moody's places ratings of 25 US auto and commercial vehicle parts suppliers, and certain logistics providers under review for downgrade. Global Credit Research- 26 Mar 2020. New York, March ...

At this time, I would like to begin the presentation by turning the call over to Dana's Senior Director of Investor Relations and Strategic Planning, Craig Barber. Today's call is being recorded and the supporting materials are the property of Dana Incorporated. Allow me remind you that today's presentation includes forward-looking statements about our expectations for Dana's future performance.

We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

Dana Incorporated (NYSE: DAN) will release its 2020 first-quarter financial results on Thursday, April 30, 2020. A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 10 a.m. EDT. Members of the company's senior management team will be available at that time to discuss the results and answer related questions.

Q1 2020 Dana Inc Earnings Call

Q3 2016 Dana Inc Earnings Call

Dana Inc , a key supplier of truck parts to Detroit automakers, restarted its Toledo plant Monday on a single shift, with one-third of its 750-person workforce and less than 1% absenteeism, according to plant manager Craig Zimmerly. The Detroit Three automakers and their suppliers began restarting assembly lines on Monday after a two-month coronavirus lockdown in a slow revival of a sector that employs nearly 1 million people in the United States. Trucks and SUVs are among the auto industry's most profitable vehicles.

Dana Incorporated (NYSE: DAN) today announced that Ryan Laskey has been named to lead the company's Commercial Vehicle Drive and Motion Systems business, succeeding Mark Wallace, who has announced that he has accepted a CEO position outside the company.

Dana (DAN) delivered earnings and revenue surprises of 56.67% and 4.26%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Shares of Dana Incorporated (NYSE: DAN), a global leader in providing power and energy management solutions for vehicles and machinery, are up 11% Thursday afternoon after the company released better-than-expected first-quarter results. Not only was Dana's business negatively impacted by the COVID-19 pandemic, its first quarter also recorded weaker demand in the heavy-vehicle markets during January and February. Jonathan Collins, executive vice president and chief financial officer at Dana Incorporated, made it a point to address that question: "The strength of our balance sheet and capital structure has given us the flexibility to manage through this period of significantly lower production volumes."

Those holding Dana (NYSE:DAN) shares must be pleased that the share price has rebounded 40% in the last thirty days...

Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today

Shares of Dana (NYSE:DAN) rose 1% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share decreased 39.74% over the past year to $0.47, which beat the estimate of $0.35.Revenue of $1,926,000,000 lower by 10.96% year over year, which missed the estimate of $1,930,000,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.Dana hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: Apr 30, 2020View more earnings on DANTime: 09:04 AM ETPrice Action 52-week high: $20.71Company's 52-week low was at $4.22Price action over last quarter: down 40.55%Company Overview Dana Inc is a supplier of driveline (axles, driveshafts, and transmissions), sealing, and thermal-management technologies for vehicles with both conventional and alternative-energy powertrains. The company produces for original-equipment manufacturers and the aftermarket for Light Vehicle Driveline Technologies (Light Vehicle), Commercial Vehicle Driveline Technologies (Commercial Vehicle), Off-Highway Drive and Motion Technologies (Off-Highway) and Power Technologies. Dana operates in generates the majority of its revenue from its light vehicle segment, selling primarily to Ford, Hyundai, Tata, Nissan, GM, and Toyota. The company's largest end market is North America.See more from Benzinga * Recap: Meritor Q2 Earnings * Recap: Imax Q1 Earnings * Recap: Altisource Portfolio Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Dana (NYSE:DAN) shareholders are no doubt pleased to see that the share price has bounced 34% in the last month alone...

Dana Incorporated (NYSE: DAN) announced today that it continues to achieve significant operation cost reductions and working capital improvements. In response to ongoing lower customer demand, the company has taken additional cost actions such as the aggressive elimination of discretionary spending and intense flexing of conversion costs across its global manufacturing facilities, including its dedicated aftermarket locations. These cost actions are in addition to compensation reductions that were enacted in April for all salaried associates and its board of directors from 20 percent up to a 50 percent reduction in the chief executive officer's compensation.

Dana Incorporated (NYSE: DAN) announced today it will present at the Bank of America Global Auto Summit on May 15, 2020. Beginning at 3:50 p.m. EDT, Dana's chairman and chief executive officer, James Kamsickas, and executive vice president and chief financial officer, Jonathan Collins, will be participating in a fireside chat.

Dana Incorporated (NYSE: DAN) announced today that it will hold its 2020 Annual Meeting of Shareholders virtually due to the impact of the coronavirus pandemic.

Unfortunately for some shareholders, the Dana (NYSE:DAN) share price has dived 64% in the last thirty days. And that...

Dana (DAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Dana Incorporated (NYSE: DAN) announced today that it has been recognized by PACCAR as a 2019 Supplier Performance Management Achiever in North America, marking the second consecutive year as a recipient of the distinguished award. Suppliers are evaluated on cross-functional key performance indicators in the areas of product development, operations support, and business alignment with PACCAR's objectives.