Lear Corp (NYSE:LEA)

$ 96.31 -0.67 (-0.69%) Market Cap: 5.23 Bil Enterprise Value: 7.27 Bil PE Ratio: 10.13 PB Ratio: 1.10 GF Score: 72/100

Lear Corp at KeyBanc Capital Markets Industrials and Basic Materials Conference (Virtual) Transcript

Jun 04, 2021 / 01:20PM GMT

Release Date Price: $201.42 (-0.84%)

Transcript

James Albert Picariello

KeyBanc Capital Markets Inc., Research Division - Analyst

Good morning, everyone. Welcome to our fireside chat with Lear. My name is James Picariello. I cover the auto space at KeyBanc. Very pleased to have Lear's CEO, Ray Scott; and CFO, Jason Cardew, with us today. Thank you guys for the time. Really appreciate it. I want to jump right in.

But before we kick things off, just everyone out there. Please feel free to submit any questions you have through the Q&A browser at the bottom of your screen, and we'll get to as many of those as we can.

So yes, to start, Ray, would you like to maybe provide any general industry or overview comments based on what you're seeing thus far?

Raymond E. Scott

Lear Corporation - President, CEO & Director

Yes. Thanks, James. Good morning, everyone. It's an honor to be here. Real quick. Obviously, there's some short-term pressure. I think everyone knows. I won't belabor the microchip situation and how it's impacting the overall industry. And it will be more of a short-term issue

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