Autoliv, Inc. ALV shares are trading higher on Friday. The company reported first-quarter adjusted earnings per share of $1.58, beating the analyst consensus of $1.42. Quarterly sales of $2.62 billion beat the street view of $2.60 billion. Sales rose by 4.9% year over year. Adjusted operating margin in the quarter under review expanded to 7.6% from 5.3%, driven mainly by volume growth.