Daimler Earnings, Revenue beat In Q1

  • Investing.com
Daimler Earnings, Revenue beat In Q1
Credit: © Reuters.

Investing.com - Daimler reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Daimler announced earnings per share of €3.26 on revenue of €34.86B. Analysts polled by Investing.com anticipated EPS of €3.01 on revenue of €33.03B.

Daimler shares are down 5% from the beginning of the year and are trading at €64.165 , down-from-52-week-high.They are outperforming the DAX which is down 13.52% from the start of the year.

Daimler shares gained 1.99% in intra-day trade the report.

Daimler follows other major Consumer Discretionary sector earnings this month

Daimler's report follows an earnings beat by Porsche on Tuesday, March 29, 2022, who reported EPS of €3.55 on revenue of €32.85M, compared to forecasts EPS of €3.15 on revenue of €53.50M.

Qingdao Haier had beat expectations on Wednesday, March 30, 2022 with first quarter EPS of €0.0468 on revenue of €8.16B, compared to forecast for EPS of €0.0434 on revenue of €8.35B.

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

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