Revenue Update on Dana Holding Corporation(NYSE:DAN)

Dana Holding Corporation(NYSE:DAN) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 21, 2016. Company reported revenue of $1.55B. Analysts estimated a revenue of $1.52B. Earnings per share were $0.53. Analysts had estimated an EPS of $0.46.

Dana Holding Corporation (DAN) shares turned negative on Wednesdays trading session with the shares closing down -0.19 points or -1.64% at a volume of 1,20,88,934. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $11.62. The peak price level was also seen at $11.62 while the days lowest was $11.235. Finally the shares closed at $11.38. The 52-week high of the shares is $19.76 while the 52-week low is $9.8. According to the latest information available, the market cap of the company is $1,683 M.

Several Insider Transactions has been reported to the SEC. On May 13, 2015, Rodney R Filcek (SVP & Chief Acctg Offic) sold 4,000 shares at $22.06 per share price.Also, On Apr 28, 2015, Aziz Aghili (Pres Off-Hwy Technologies) purchased 5,500 shares at $21.74 per share price.On Feb 4, 2015, Mark A Schulz (director) sold 5,000 shares at $22.34 per share price, according to the Form-4 filing with the securities and exchange commission.

Dana Holding Corporation is a global provider of high technology driveline sealing and thermal-management products. The Company offers its products to vehicle manufacturers in the global light vehicle medium/heavy vehicle and off-highway markets. It operates in four business segments: Light Vehicle Driveline Technologies (Light Vehicle) Commercial Vehicle Driveline Technologies (Commercial Vehicle) Off-Highway Driveline Technologies (Off-Highway) and Power Technologies. The Light Vehicle segment products include front axles rear axles drive shafts and differentials among others. The Commercial Vehicle segment products include steer axles drive axles drive shafts and tire inflation systems. The Off-Highway segment products include products include front axles rear axles drive shafts and transmissions among others. The Power Technologies segment products include gaskets cover modules heat shields engine sealing systems cooling and heat transfer products.

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