Investing.com - Continental AG (DE:CONG) reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Continental AG announced earnings per share of €2.38 on revenue of €10.94B. Analysts polled by Investing.com anticipated EPS of €2.8 on revenue of €10.88B.
Continental AG shares are down 1% from the beginning of the year and are trading at €119.63 , down-from-52-week-high.They are under-performing the STOXX 600 which is up 5.36% 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 Daimler on Thursday, February 18, 2021, who reported EPS of €3.26 on revenue of €46.62B, compared to forecasts EPS of €2.52 on revenue of €45.79B.
Puma SE had missed expectations on Wednesday, February 24, 2021 with fourth quarter EPS of €0.16 on revenue of €1.52B, compared to forecast for EPS of €0.1766 on revenue of €1.51B.
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