Continental AG Earnings, Revenue beat In Q1
Investing.com - Continental AG (ETR: CONG ) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Continental AG announced earnings per share of €1.23 on revenue of €9.24B. Analysts polled by Investing.com anticipated EPS of €1.05 on revenue of €8.89B.
Continental AG shares are down 31% from the beginning of the year and are trading at €64.02 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 12.35% 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 Wednesday, May 4, 2022, who reported EPS of €13.05 on revenue of €62.74B, compared to forecasts EPS of €10.35 on revenue of €61.21B.
Volkswagen VZO had beat expectations on Wednesday, May 4, 2022 with first quarter EPS of €13.05 on revenue of €62.74B, compared to forecast for EPS of €10.35 on revenue of €61.21B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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