Dana Incorporated Reports Strong Third-Quarter Results; Eaton Mobility Transaction on Track; Increases Share Repurchases

What happened

Dana Incorporated reported third-quarter sales of $2.0 billion, up $121 million, with net income of $15 million and adjusted EBITDA of $218 million. The company repurchased 6.6 million shares and plans about $100 million more in buybacks. It raised full-year sales guidance and said the Eaton Mobility transaction is on track.

Global impact / market context

The company sold more and kept more profit from each sale, and it is buying back its own shares, which can support the stock. The raised sales outlook and the on-track Eaton Mobility deal suggest the business is steady for now, but the details of the deal and any risks are not given.

What to watch

1. Whether the Eaton Mobility transaction closes as planned, because the facts only say it is on track and give no timing or terms.
2. How much of the planned $100 million in fourth-quarter buybacks actually happens, because buybacks can affect the share count and per-share results.
3. Whether the raised full-year sales guidance is met, because the facts raise it by about $50 million but give no updated profit outlook.

Affected assets

• Dana Incorporated

Evidence

• Infoway News — DAN: Higher FY sales guidance and a planned Eaton Mobility combination anchor the strategy 2026-11-03T19:25:51+00:00
• Infoway News — DAN: Higher sales and margins, larger buybacks, and an on-track Eaton Mobility transaction 2026-10-28T11:09:37+00:00
• Infoway News — Dana Incorporated Reports Strong Third-Quarter Results; Eaton Mobility Transaction On Track; Increases Share Repurchases >DAN 2026-10-28T10:59:00+00:00
• Infoway News — Dana Incorporated (DAN) Q3 Sales $2.04B, Adj. EBITDA Margin 10.7%; Lifts Buybacks 2026-10-28T10:59:00+00:00
• Infoway News — Dana Incorporated Reports Strong Third-Quarter Results; Eaton Mobility Transaction on Track; Increases Share Repurchases 2026-10-28T10:59:00+00:00
• Incident timeline — DAN: Higher FY sales guidance and a planned Eaton Mobility combination anchor the strategy
• Incident timeline — DAN: Higher sales and margins, larger buybacks, and an on-track Eaton Mobility transaction
• Incident timeline — Dana Incorporated Reports Strong Third-Quarter Results; Eaton Mobility Transaction On Track; Increases Share Repurchases >DAN
• Incident timeline — Dana Incorporated (DAN) Q3 Sales $2.04B, Adj. EBITDA Margin 10.7%; Lifts Buybacks
• Incident timeline — Dana Incorporated Reports Strong Third-Quarter Results; Eaton Mobility Transaction on Track; Increases Share Repurchases