Investing.com - Tata Motors ADR reported on Friday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Tata Motors ADR announced earnings per share of 8.04 on revenue of 756.5B. Analysts polled by Investing.com anticipated EPS of 0.1734 on revenue of 9.58B.
Tata Motors ADR shares are up 47.3% from the beginning of the year and are trading at 18.56 , 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 missed by Tesla on Wednesday, who reported EPS of 0.8 on revenue of 10.74B, compared to forecasts EPS of 1.04 on revenue of 10.47B.
Louis Vuitton ADR had beat expectations on Wednesday with fourth quarter EPS of 2 on revenue of 17.29B, compared to forecast for EPS of 1.75 on revenue of 17.34B.
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