Investing.com - Volkswagen (DE:VOWG_p) ST reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Volkswagen ST announced earnings per share of €5.51 on revenue of €56.93B. Analysts polled by Investing.com anticipated EPS of €4.97 on revenue of €55.69B.
Volkswagen ST shares are up 36.39% from the beginning of the year and are trading at €275.80 , down-from-52-week-high.They are outperforming the TR UK 50 which is up 10.01% from the start of the year.
Volkswagen ST shares lost 3.77% in intra-day trade the report.
Volkswagen ST follows other major Consumer Discretionary sector earnings this month
Volkswagen ST's report follows an earnings beat by Volkswagen VZO on Thursday, who reported EPS of €5.51 on revenue of €56.93B, compared to forecasts EPS of €4.97 on revenue of €55.69B.
Puma SE had beat expectations on Wednesday with third quarter EPS of €0.96 on revenue of €1.9B, compared to forecast for EPS of €0.8516 on revenue of €1.78B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar