Investing.com – Fiat reported first quarter that matched analysts’ expectations on Friday and revenue that was inline with forecasts.
The firm reported earnings per share of €0.36 on revenue of €24.48B. Analysts polled by Investing.com forecast EPS of €0.36 on revenue of €24.48B. That compared to EPS of €0.66 on revenue of €27.03B in the same period a year earlier. The company had reported EPS of €1.04 on revenue of €30.62B in the previous quarter.
Fiat follows other major Consumer Cyclical sector earnings this month
On May 9, Moncler SpA reported first quarter EPS of €0.36 on revenue of €379M, compared to forecasts of EPS of €0.36 on revenue of €375.52M.
Pirelli & C earnings missed analysts’ expectations on Tuesday, with first quarter EPS of €0.1 on revenue of €1.31B. Investing.com analysts expected EPS of €0.14 on revenue of €1.31B
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