Delphi Automotive Reports 3Q Earnings in Line With Estimates - TheStreet

Delphi Automotive Systems (DPH) reported Wednesday that third-quarter earnings met analysts' expectations.

The automotive-components maker met the 21-analyst

First Call/Thomson Financial

consensus estimate of 26 cents a share for the latest third quarter. The company earned 24 cents a share a year ago. Net income rose to $148 million from $136 million.

Total sales for the quarter ended Sept. 30 fell to $6.65 billion from $6.79 billion last year. The company's sales to

General Motors

(GM) - Get Report

, totaled $4.69 billion in the latest third quarter, down from $5.10 billion a year ago.

Sales to non-General Motors customers for the latest quarter rose to $1.97 billion from $1.69 billion.

Shares of Delphi were recently trading up 38 cents, or 2.7%, to $14.25.