Delphi Automotive PLC said its first-quarter normalized net income was 86 cents per share, compared with the S&P Capital IQ consensus estimate of $1.18 per share.
EPS rose 5.3% year over year from 82 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $251.9 million, compared with $251.5 million in the prior-year period.
The normalized profit margin climbed to 6.6% from 6.5% in the year-earlier period.
Total revenue fell year over year to $3.80 billion from $3.90 billion, and total operating expenses declined on an annual basis to $3.33 billion from $3.44 billion.
Reported net income fell 6.3% year over year to $285.1 million, or 98 cents per share, from $304.2 million, or 99 cents per share.
