Fiat Chrysler Automobiles NV (FCAU) Releases Earnings Results, Beats Expectations By $0.10 EPS

Fiat Chrysler Automobiles NV (FCAU) reported quarterly earnings results on Tuesday, Apr-26-2016. The company said it had a profit of $0.34 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.10. Analysts had a consensus of $0.24. The company posted revenue of $26570.00 million in the period, compared to analysts expectations of $27719.06 million. The company’s revenue was up 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.05 EPS.

Many Wall Street Analysts have commented on Fiat Chrysler Automobiles NV. Fiat Chrysler Automobiles NV was Resumed by Morgan Stanley to “Overweight” on Feb 24, 2016.

Fiat Chrysler Automobiles NV closed down -0.18 points or -2.20% at $8.01 with 99,26,269 shares getting traded on Friday. Post opening the session at $8.01, the shares hit an intraday low of $7.93 and an intraday high of $8.1 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

Fiat Chrysler Automobiles NV

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