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
, 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.