Investing.com - Stellantis NV reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Stellantis NV announced earnings per share of €1.85 on revenue of €87.99B. Analysts polled by Investing.com anticipated EPS of €1.13 on revenue of €41.59B.
Stellantis NV shares are down 19.56% from the beginning of the year and are trading at €13.422 , down-from-52-week-high.They are under-performing the Euro Stoxx 50 which is down 16% from the start of the year.
Stellantis NV shares gained 3.81% in intra-day trade the report.
Stellantis NV follows other major Consumer Discretionary sector earnings this month
Stellantis NV's report follows an earnings matched by Moncler SpA on Wednesday, who reported EPS of €0.3577 on revenue of €550M, compared to forecasts EPS of €0.3577 on revenue of €341.46M.
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