Fiat Chrysler Automobiles N.V. (NYSE:FCAU) is reporting third quarter earnings results on Wednesday 28th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.34 per share.
For the full year, analysts predict revenues of $ 101309.00 million, while looking forward to loss of $ 0.17 per share.
Previous Quarter Performance
Fiat Chrysler Automobiles N.V. unveiled loss for the second quarter of $ 0.72 per share, from the revenue of $ 12,893.00 million. The quarterly revenues declined 56.84 percent compared with the same quarter last year. The consensus estimates are loss of $ 1.35 per share from $ 17337.90 million in revenue. The bottom line results beat street analysts by $ 0.63 or 46.67 percent, at the same time, top line results fell short of analysts by $ 4 million or 25.64 percent.
Stock Performance
Shares of Fiat Chrysler Automobiles N.V. traded low $ -0.35 or -2.64 percent on Tuesday, reaching $ 12.91 with volume of 2.23 million shares. Fiat Chrysler Automobiles N.V. has traded high as $ 13.10 and has cracked $ 12.84 on the downward trend
According to the previous trading day, closing price of $ 12.91, representing a 121.00 % increase from the 52 week low of $ 6.00 and a 18.4 % decrease over the 52 week high of $ 16.25.
The company has a market capital of $ 26.13 billion and is part of the Consumer Cyclical sector and Auto Manufacturers industry.
Conference Call
Fiat Chrysler Automobiles N.V. will be hosting a conference call at 8:00 AM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.fcagroup.com
Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. The company operates through five segments: NAFTA, LATAM, APAC, EMEA, and Maserati. It provides passenger cars, SUV vehicles, trucks, and light commercial vehicles under the Jeep, Ram, Dodge, Chrysler, Fiat, Fiat Professional, Alfa Romeo, and Abarth brands; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand.
