Investing.com - Stellantis NV reported on Wednesday fourth quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Stellantis NV announced earnings per share of €1.16 on revenue of €44.26B. Analysts polled by Investing.com anticipated EPS of €1.16 on revenue of €40.93B.
Stellantis NV shares are down 4.83% from the beginning of the year, still down 17.93% from its 52 week high of €19.35 set on January 19. They are outperforming the STOXX 600 which is down 10.48% from the start of the year.
Stellantis NV follows other major Consumer Discretionary sector earnings this month
Stellantis NV's report follows an earnings beat by Pirelli & C on Wednesday, who reported EPS of €0.1 on revenue of €1.35B, compared to forecasts EPS of €0.0987 on revenue of €1.25B.
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