Investing.com - Tata Motors ADR reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Tata Motors ADR announced earnings per share of 0.3115 on revenue of 12.13B. Analysts polled by Investing.com anticipated EPS of 0.4691 on revenue of 11.87B.
Tata Motors ADR shares are up 65.24% from the beginning of the year and are trading at 20.82 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Tata Motors ADR follows other major Consumer Cyclical sector earnings this month
Tata Motors ADR's report follows an earnings beat by Tesla on Monday, April 26, 2021, who reported EPS of 0.93 on revenue of 10.39B, compared to forecasts EPS of 0.7651 on revenue of 10.48B.
Toyota Motor ADR had beat expectations on Wednesday, May 12, 2021 with fourth quarter EPS of 5.08 on revenue of 70.3B, compared to forecast for EPS of 3.69 on revenue of 69.12B.
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