Investing.com - Continental AG (DE:CONG) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Continental AG announced earnings per share of €2.24 on revenue of €10.26B. Analysts polled by Investing.com anticipated EPS of €1.57 on revenue of €10.31B.
Continental AG shares are down 8% from the beginning of the year and are trading at €111.55 , down-from-52-week-high.They are under-performing the DAX which is up 10.49% from the start of the year.
Continental AG shares lost 0.59% in intra-day trade after the report.
Continental AG follows other major Consumer Cyclical sector earnings this month
Continental AG's report follows an earnings beat by Daimler on Friday, April 23, 2021, who reported EPS of €4.01 on revenue of €41.02B, compared to forecasts EPS of €3.07 on revenue of €40.45B.
Puma SE had beat expectations on Wednesday, April 28, 2021 with first quarter EPS of €0.73 on revenue of €1.55B, compared to forecast for EPS of €0.5882 on revenue of €1.47B.
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