Fiat Chrysler Automobiles N.V. is an international automotive company. It designs, manufactures, distributes and sells vehicles, components and production systems. The company owns the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands. Fiat Chrysler is benefiting from rising sales in the U.S. and Europe. The company intends to expand vehicle sales in key markets throughout the world. The company also focuses on maintaining cost efficiency.
We have highlighted some of the key stats from this just-revealed announcement below:
Estimate Trend & Surprise History
Investors should note that the earnings estimate for Fiat Chrysler for the first quarter have been stable over the last two months.
The company delivered positive earnings surprises in three of the trailing four quarters with an average beat of around 39.76%.
Earnings
Fiat Chrysler’s earnings increased to €0.43 (46 cents) per share in the first quarter of 2017, up about 27.2% from the year-ago quarter, beating the Zacks Consensus Estimate of 41 cents.
Revenues
Fiat Chrysler reported revenues of €27.7 billion ($29.5 billion), topping the Zacks Consensus Estimate of $29.3 billion. Revenues were 4% higher than €26.6 billion recorded in the year-ago quarter.
Key Stats/Developments to Note
Fiat Chrysler reiterated its expectations for 2017. The company projects revenue in 2017 to be in the range of €115 billion to €120 ($123.4 billion to $128.8 billion). The company expects adjusted net profit to be over €3 billion ($3.2 billion).
Zacks Rank
Currently, Fiat Chrysler has a Zacks Rank #1 (Strong Buy).
Market Reaction
Fiat Chrysler’s shares have been rising in pre-market trading following the release. Clearly, the initial reaction to the report is positive.
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Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >>
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Fiat Chrysler (FCAU) Q1 Earnings & Revenues Beat Estimates
Fiat Chrysler Automobiles N.V. is an international automotive company. It designs, manufactures, distributes and sells vehicles, components and production systems. The company owns the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands. Fiat Chrysler is benefiting from rising sales in the U.S. and Europe. The company intends to expand vehicle sales in key markets throughout the world. The company also focuses on maintaining cost efficiency.
We have highlighted some of the key stats from this just-revealed announcement below:
Estimate Trend & Surprise History
Investors should note that the earnings estimate for Fiat Chrysler for the first quarter have been stable over the last two months.
The company delivered positive earnings surprises in three of the trailing four quarters with an average beat of around 39.76%.
Fiat Chrysler Automobiles N.V. Price and EPS Surprise
Fiat Chrysler Automobiles N.V. Price and EPS Surprise | Fiat Chrysler Automobiles N.V. Quote
Earnings
Fiat Chrysler’s earnings increased to €0.43 (46 cents) per share in the first quarter of 2017, up about 27.2% from the year-ago quarter, beating the Zacks Consensus Estimate of 41 cents.
Revenues
Fiat Chrysler reported revenues of €27.7 billion ($29.5 billion), topping the Zacks Consensus Estimate of $29.3 billion. Revenues were 4% higher than €26.6 billion recorded in the year-ago quarter.
Key Stats/Developments to Note
Fiat Chrysler reiterated its expectations for 2017. The company projects revenue in 2017 to be in the range of €115 billion to €120 ($123.4 billion to $128.8 billion). The company expects adjusted net profit to be over €3 billion ($3.2 billion).
Zacks Rank
Currently, Fiat Chrysler has a Zacks Rank #1 (Strong Buy).
Market Reaction
Fiat Chrysler’s shares have been rising in pre-market trading following the release. Clearly, the initial reaction to the report is positive.
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >>