Dana Incorporated (NYSE:DAN) shares lost around 11% since Tuesday’s close following the company’s worse-than-expected Q4 results. Quarterly EPS came in at $0.18, missing the Street estimate of $0.21, while revenue of $2.27 billion was slightly better than the Street estimate of $2.17 billion.

According to the analysts at Deutsche Bank, the company’s soft 2022 margin guidance despite solid expected top-line growth reflects steep pressure from cost inflation and EV investments, consistent with the outlook outlined by most auto suppliers this season.

However, unlike most of its peers, the company’s outlook assumes moderation in commodities pricing later in 2022, and embeds a small net tailwind from raw materials.

The analysts lowered their 2022 Revenue/EBITDA estimates from $9.70 billion/$1 billion to $9.83 billion/$917 million (9.3% margin vs. 10.3% prior), and EPS from $2.80 to $2.15, towards the low-end of company guidance, to reflect expected cost headwinds.