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 United States and Europe. The company intends to expand vehicle sales in key markets throughout the world. The company also focuses on maintaining cost efficiency.
Estimate Trend & Surprise History
Investors should note that the Zacks Consensus Estimate for earnings estimate for Fiat Chrysler for the third quarter have going down over the 30 days.
The company delivered positive earnings surprises in three of the trailing four quarters with an average beat of around 23.6%.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings
Fiat Chrysler’s earnings increased to €0.59 (70 cents) per share in the third quarter of 2017, up about 50.5% from the year-ago quarter, beating the Zacks Consensus Estimate of 54 cents.
Revenues
Fiat Chrysler reported net revenues of €26.41 billion ($31.3 billion), lower than €26.85 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 billion. The company expects adjusted net profit to be over €3 billion.
Zacks Rank
Currently, Fiat Chrysler has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
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Fiat Chrysler (FCAU) Q3 Earnings Beat Estimate, Up Y/Y
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 United States and Europe. The company intends to expand vehicle sales in key markets throughout the world. The company also focuses on maintaining cost efficiency.
Estimate Trend & Surprise History
Investors should note that the Zacks Consensus Estimate for earnings estimate for Fiat Chrysler for the third quarter have going down over the 30 days.
The company delivered positive earnings surprises in three of the trailing four quarters with an average beat of around 23.6%.
We have highlighted some of the key stats from this just-revealed announcement below:
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 €0.59 (70 cents) per share in the third quarter of 2017, up about 50.5% from the year-ago quarter, beating the Zacks Consensus Estimate of 54 cents.
Revenues
Fiat Chrysler reported net revenues of €26.41 billion ($31.3 billion), lower than €26.85 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 billion. The company expects adjusted net profit to be over €3 billion.
Zacks Rank
Currently, Fiat Chrysler has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>