Investing.com - Stellantis NV reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Stellantis NV announced earnings per share of €1.03 on revenue of €32.55B. Analysts polled by Investing.com anticipated EPS of €1.06 on revenue of €32.96B.
Stellantis NV shares are up 43.87% from the beginning of the year and are trading at €17.010 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 18.09% from the start of the year.
Stellantis NV follows other major Consumer Cyclical sector earnings this month
Stellantis NV's report follows an earnings beat by Moncler SpA on Thursday, who reported EPS of €1.01 on revenue of €555.44M, compared to forecasts EPS of €0.9982 on revenue of €524.12M.
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