Stellantis NV Earnings, Revenue Beat in Q1 By Investing.com

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

Stellantis NV announced earnings per share of €1.03 on revenue of €41.48B. Analysts polled by Investing.com anticipated EPS of €0.8576 on revenue of €36.47B.

Stellantis NV shares are down 21.47% from the beginning of the year, still down 32.28% from its 52 week high of €19.35 set on January 19. They are under-performing the which is down 9.52% from the start of the year.

Stellantis NV shares gained 2.20% 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 beat by Moncler SpA on Thursday, who reported EPS of €0.5049 on revenue of €589.9M, compared to forecasts EPS of €0.5001 on revenue of €540.76M.

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