Volkswagen ST Earnings, Revenue beat In Q1

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

Investing.com - Volkswagen (ETR: VOWG_p ) ST reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Volkswagen ST announced earnings per share of €13.05 on revenue of €62.74B. Analysts polled by Investing.com anticipated EPS of €8.58 on revenue of €61.55B.

Volkswagen ST shares are down 19% from the beginning of the year and are trading at €208.50 , down-from-52-week-high.They are under-performing the S&P Global 100 which is down 10.57% from the start of the year.

Volkswagen ST shares gained 0.92% in intra-day trade the report.

Volkswagen ST follows other major Consumer Discretionary sector earnings this month

Volkswagen ST's report follows an earnings beat by Volkswagen VZO on Wednesday, who reported EPS of €13.05 on revenue of €62.74B, compared to forecasts EPS of €8.58 on revenue of €61.55B.

Daimler had beat expectations on Wednesday, April 27, 2022 with first quarter EPS of €3.26 on revenue of €34.86B, compared to forecast for EPS of €3.15 on revenue of €33.33B.

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

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