DETROIT, July 24 (Reuters) - Auto parts maker Dura Automotive Systems Inc. said on Thursday it swung to a profit in the second quarter, boosted by an earlier restructuring.
Dura, the world's largest independent maker of driver control systems, said it had second-quarter net income of $10.8 million, or 58 cents a share, compared with a loss of $8.0 million, or 45 cents a share, a year ago.
Three analysts on average expected the Rochester Hills, Michigan-based company to earn 53 cents a share, with estimates ranging from 50 cents to 55 cents, according to Reuters Research, a unit of Reuters Group Plc.