On Friday, May 3, Fiat Chrysler Automobiles N.V. Common Shares FCAU will release its latest earnings report. Benzinga's outlook for Fiat Chrysler is included in the following report.
Earnings and Revenue
Wall Street expects EPS of 50 cents and sales around $28.32 billion.
In the same quarter last year, Fiat Chrysler announced EPS of 81 cents on revenue of $32.97 billion. If the company were to match the consensus estimate, earnings would be down 38.27 percent. Revenue would be down 14.11 percent from the same quarter last year. Fiat Chrysler's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q4 2018 | Q3 2018 | Q2 2018 | Q1 2018 |
EPS Estimate | 1.01 | 0.94 | 1.1 | 0.82 |
EPS Actual | 1.18 | 1.01 | 0.73 | 0.81 |
Stock Performance
Shares of Fiat Chrysler were trading at $15.1 as of May 1. Over the last 52-week period, shares are down 30.83 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Analyst estimates have adjusted lower for EPS and revenues over the past 90 days. The average rating by analysts on Fiat Chrysler stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.
Conference Call
Fiat Chrysler's conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: https://edge.media-server.com/m6/p/d4e4nobi
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.