Wall Street analysts expect that Fiat Chrysler Automobiles N.V. (NYSE:FCAU) will post earnings of $0.50 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for Fiat Chrysler Automobiles N.V.’s earnings, with the lowest EPS estimate coming in at $0.45 and the highest estimate coming in at $0.55. Fiat Chrysler Automobiles N.V. reported earnings per share of $0.53 during the same quarter last year, which would indicate a negative year-over-year growth rate of 5.7%. The business is expected to issue its next quarterly earnings results on Tuesday, October 24th.

According to Zacks, analysts expect that Fiat Chrysler Automobiles N.V. will report full year earnings of $2.29 per share for the current fiscal year, with EPS estimates ranging from $2.20 to $2.36. For the next fiscal year, analysts anticipate that the business will report earnings of $2.63 per share, with EPS estimates ranging from $1.85 to $3.40. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that cover Fiat Chrysler Automobiles N.V..

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) last posted its quarterly earnings data on Thursday, July 27th. The company reported $0.76 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.59 by $0.17. The business had revenue of $27.93 billion for the quarter, compared to the consensus estimate of $29.24 billion. Fiat Chrysler Automobiles N.V. had a net margin of 2.51% and a return on equity of 15.69%. The company’s revenue was up .1% compared to the same quarter last year. During the same period last year, the firm posted $0.45 earnings per share.

FCAU has been the topic of several research analyst reports. Zacks Investment Research lowered shares of Fiat Chrysler Automobiles N.V. from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 30th. Bank of America Corporation upgraded shares of Fiat Chrysler Automobiles N.V. from an “underperform” rating to a “neutral” rating and boosted their target price for the stock from $9.00 to $18.00 in a research report on Monday, August 28th. Morgan Stanley restated an “overweight” rating and set a $14.00 target price on shares of Fiat Chrysler Automobiles N.V. in a research report on Monday, July 17th. Jefferies Group LLC set a $14.00 target price on shares of Fiat Chrysler Automobiles N.V. and gave the stock a “buy” rating in a research report on Monday, May 22nd. Finally, Kepler Capital Markets upgraded shares of Fiat Chrysler Automobiles N.V. from a “hold” rating to a “buy” rating in a research report on Friday, July 28th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Fiat Chrysler Automobiles N.V. currently has an average rating of “Buy” and an average price target of $15.41.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) opened at 16.31 on Friday. The stock has a market capitalization of $25.07 billion, a P/E ratio of 7.57 and a beta of 1.67. Fiat Chrysler Automobiles N.V. has a 12-month low of $6.05 and a 12-month high of $16.46. The firm’s 50-day moving average is $13.27 and its 200 day moving average is $11.49.

Institutional investors have recently added to or reduced their stakes in the stock. Investment Centers of America Inc. purchased a new stake in shares of Fiat Chrysler Automobiles N.V. in the 1st quarter worth about $110,000. Ballentine Partners LLC purchased a new stake in shares of Fiat Chrysler Automobiles N.V. in the 2nd quarter worth about $117,000. US Bancorp DE boosted its position in shares of Fiat Chrysler Automobiles N.V. by 5.7% in the 1st quarter. US Bancorp DE now owns 10,892 shares of the company’s stock worth $120,000 after buying an additional 589 shares in the last quarter. Oppenheimer & Co. Inc. purchased a new stake in shares of Fiat Chrysler Automobiles N.V. in the 1st quarter worth about $124,000. Finally, BKS Advisors LLC purchased a new stake in shares of Fiat Chrysler Automobiles N.V. in the 2nd quarter worth about $128,000. Institutional investors and hedge funds own 28.78% of the company’s stock.

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About Fiat Chrysler Automobiles N.V.

Fiat Chrysler Automobiles N.V., together with its subsidiaries, designs, engineers, manufactures, distributes, and sells vehicles, components, and production systems. The company operates through six segments: NAFTA, LATAM, APAC, EMEA, Maserati, and Components. It provides passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names; and luxury vehicles under the Maserati brand, as well as related service parts and accessories, and service contracts under the Mopar brand.

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