BorgWarner Inc. reaffirmed earnings guidance for the year 2024. For the year, the company Net sales are expected to be in the range of $14.4 billion to $14.9 billion, compared with 2023 sales of $14.2 billion. This implies a year-over-year organic increase in sales of 2% to 5%.

The company expects its 2024 eProduct sales to be $2.5 billion to $2.8 billion, up from approximately $2.0 billion in 2023. Net earnings are expected to be within a range of $3.54 to $3.86 per diluted share.