Continental AG Earnings beat, Revenue misses In Q3

  • Investing.com
Continental AG Earnings beat, Revenue misses In Q3

Investing.com - Continental AG (DE: CONG ) reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Continental AG announced earnings per share of €1.55 on revenue of €8B. Analysts polled by Investing.com anticipated EPS of €0.6616 on revenue of €8.13B.

Continental AG shares are down 11% from the beginning of the year and are trading at €107.43 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 21.23% from the start of the year.

Continental AG follows other major Consumer Discretionary sector earnings this month

Continental AG's report follows an earnings beat by Volkswagen ST on Thursday, October 28, 2021, who reported EPS of €5.51 on revenue of €56.93B, compared to forecasts EPS of €4.51 on revenue of €55.55B.

Daimler had beat expectations on Friday, October 29, 2021 with third quarter EPS of €2.31 on revenue of €40.08B, compared to forecast for EPS of €2.3 on revenue of €38.69B.

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

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