Fiat Chrysler Automobiles NV (FCAU) Releases Earnings Results, Misses Expectations By $-0.02 EPS

Fiat Chrysler Automobiles NV (FCAU) reported quarterly earnings results on Wednesday, Jul-27-2016. The company reported $0.45 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.47. The company posted revenue of $27893.00 million in the period, compared to analysts expectations of $29251.51 million. The company’s revenue was down -2.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.29 EPS.

Many Wall Street Analysts have commented on Fiat Chrysler Automobiles NV. Fiat Chrysler Automobiles NV was Downgraded by Citigroup to ” Sell” on Jun 16, 2016. Fiat Chrysler Automobiles NV was Downgraded by Exane BNP Paribas to ” Underperform” on May 16, 2016. Fiat Chrysler Automobiles NV was Downgraded by BofA/Merrill to ” Underperform” on Apr 29, 2016.

Fiat Chrysler Automobiles NV closed down -0.32 points or -4.78% at $6.38 with 96,78,784 shares getting traded on Thursday. Post opening the session at $6.6, the shares hit an intraday low of $6.33 and an intraday high of $6.61 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

Fiat Chrysler Automobiles NV

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