NYSE:DANAuto Components
Does Higher 2026 Sales Guidance And Buybacks Offset Dana’s Margin Setback For Bulls (DAN)?
Dana Incorporated recently reported its second-quarter 2026 results, with sales rising to US$2,010 million from US$1,935 million a year earlier, while swinging from net income of US$27 million to a net loss of US$5 million.
Despite the quarterly loss, Dana lifted its full-year 2026 sales guidance to a range of US$7.65 billion to US$7.85 billion and continued its share repurchase program, buying back 1,200,000 shares for US$44 million since April 1.
We’ll now examine how Dana’s higher...