Continental AG Earnings, Revenue beat In Q2

  • Investing.com
Continental AG Earnings, Revenue beat In Q2

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

Continental AG announced earnings per share of €1.44 on revenue of €6.62B. Analysts polled by Investing.com anticipated EPS of €-2.68 on revenue of €6.43B.

Continental AG shares are down 26% from the beginning of the year and are trading at €84.54 , down-from-52-week-high.They are under-performing the STOXX 600 which is down 12.19% from the start of the year.

Continental AG follows other major Consumer Cyclical sector earnings this month

Continental AG's report follows an earnings beat by Volkswagen ST on Tuesday, July 28, 2020, who reported EPS of €-3.23 on revenue of €41.08B, compared to forecasts EPS of €-3.69 on revenue of €41.19B.

Volkswagen VZO had beat expectations on Tuesday, July 28, 2020 with second quarter EPS of €-3.23 on revenue of €41.08B, compared to forecast for EPS of €-3.69 on revenue of €41.19B.

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