Pirelli & C Earnings, Revenue beat In Q1

  • Investing.com
Pirelli & C Earnings, Revenue beat In Q1
Credit: © Reuters.

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

Pirelli & C announced earnings per share of €0.10 on revenue of €1.24B. Analysts polled by Investing.com anticipated EPS of €0.0561 on revenue of €1.15B.

Pirelli & C shares are up 3% from the beginning of the year and are trading at €4.5950 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 9.75% from the start of the year.

Pirelli & C follows other major Consumer Cyclical sector earnings this month

Pirelli & C's report follows an earnings matched by Stellantis NV on Wednesday, May 5, 2021, who reported EPS of €0.4356 on revenue of €37B, compared to forecasts EPS of €0.4356 on revenue of €35.8B.

Moncler SpA had missed expectations on Wednesday, April 21, 2021 with first quarter EPS of €-0.0019 on revenue of €365.46M, compared to forecast for EPS of €0.0107 on revenue of €362.99M.

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

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