Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Delphi Automotive Systems (DPH) -- Ignore unavailable to you. Want to Upgrade?

To: BWAC who wrote (323)	10/16/2002 8:25:19 AM
From: JakeStraw	Read Replies (1) \| Respond to of 397

Delphi Posts Strong Rise in Profits Wednesday October 16, 7:42 am ET biz.yahoo.com TROY, Mich. (Reuters) - Delphi Corp. (NYSE:DPH), the world's largest automotive parts supplier, on Wednesday reported a rise in quarterly profits to $54 million after stronger-than-expected results from its largest customer, General Motors Corp. (NYSE:GM), offset pricing pressures. Troy, Michigan-based Delphi earned 10 cents per share in the third quarter. In July, Delphi projected third-quarter earnings would be in the range of $30 million to $45 million. Last year the company posted net earnings of $26 million in the third quarter. Analysts polled by research firm Thomson First Call had expected Delphi to report earnings in a range of 5 cents to 9 cents per share, with a mean estimate of 8 cents per share.