Federal-Mogul Corp. (FDML) Posts Quarterly Results
Federal-Mogul Corp. (NASDAQ:FDML) released its earnings data on Wednesday. The company reported $0.26 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.12 by $0.14, American Banking News.com reports. The company had revenue of $1.69 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter last year, the company posted ($0.11) earnings per share. Federal-Mogul Corp.’s revenue was up 9.4% compared to the same quarter last year.
Shares of Federal-Mogul Corp. (NASDAQ:FDML) opened at 15.64 on Wednesday. Federal-Mogul Corp. has a 52 week low of $4.80 and a 52 week high of $17.60. The stock has a 50-day moving average of $16.29 and a 200-day moving average of $10.33. The company’s market cap is $2.346 billion.
Federal-Mogul Corporation is a global supplier of technology and innovation in vehicle and industrial products for fuel economy, emissions reduction and safety systems.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.