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Stellantis NV Earnings, Revenue Beat in Q2

2022.07.28 12:18

Stellantis NV Earnings, Revenue Beat in Q2
Stellantis NV Earnings, Revenue Beat in Q2

Investing.com – Stellantis NV reported on Thursday second quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Stellantis NV announced earnings per share of €1.85 on revenue of €87.99B. Analysts polled by Investing.com anticipated EPS of €1.13 on revenue of €41.59B.

Stellantis NV shares are down 19.54% from the beginning of the year, still down 30.61% from its 52 week high of €19.35 set on January 19. They are under-performing the Euro Stoxx 50 which is down 15.91% from the start of the year.

Stellantis NV shares gained 3.84% in intra-day trade following the report.

Stellantis NV follows other major Consumer Discretionary sector earnings this month

Stellantis NV’s report follows an earnings matched by Moncler SpA on Wednesday, who reported EPS of €0.3577 on revenue of €550M, compared to forecasts EPS of €0.3577 on revenue of €341.46M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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