USA: BorgWarner boosts EPS expectation 10%
With strong demand driven by its global customer base and new business, BorgWarner Inc. expects second quarter earnings in a range of $US1.55 to $1.65 per share. Expecting this strength to be sustained over the course of 2002, the company this week raised its earnings guidance for the year by 10% to $5.50 per share on an expected 10% sales increase.
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