Autoliv, Inc (NYSE:ALV) reported worse-than-expected second-quarter financial results and lowered the outlook on Friday. The company reported a second-quarter FY24 sales decline of 1.1% year-on-year to $2.605 billion, missing the analyst consensus estimate of $2.74 billion., according to data from Benzinga Pro. Adjusted EPS of $1.87 missed the analyst consensus estimate of $2.23. "We remain on track with our strategic and structural initiatives to sustainably strengthen our footprint and operations. However, light vehicle production with certain key customers following weaker sales and inventory adjustments were lower than expected in the quarter, ...