Lear Siegler forecast lower revenue and earnings.
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Lear Siegler Chairman Robert T. Campion told shareholders at the company’s annual meeting that earnings and revenue for fiscal 1986 would be below last year’s record levels but will not decline as much as in the first quarter of this fiscal year. In the quarter ended Sept. 30, earnings fell 36% to $11.7 million, and revenue slipped 2% to $533.4 million from the previous year.
