Daimler AG (DDAIF) to Release Earnings on Friday
Daimler AG (NASDAQ:DDAIF) will be posting its quarterly earnings results before the market opens on Friday, October 20th.
Daimler AG (NASDAQ:DDAIF) last released its earnings results on Wednesday, July 26th. The company reported $2.51 EPS for the quarter, missing analysts’ consensus estimates of $2.88 by ($0.37). Daimler AG had a return on equity of 16.72% and a net margin of 6.09%. The business had revenue of $45.23 billion for the quarter, compared to analyst estimates of $47.42 billion. On average, analysts expect Daimler AG to post $10.67 EPS for the current fiscal year and $10.63 EPS for the next fiscal year.
Shares of Daimler AG (DDAIF) opened at 80.48 on Friday. Daimler AG has a 12-month low of $65.82 and a 12-month high of $81.15. The firm has a market cap of $86.10 billion and a price-to-earnings ratio of 7.25. The firm’s 50-day moving average is $77.93 and its 200-day moving average is $74.23.
Several research analysts recently issued reports on the stock. Bryan, Garnier & Co assumed coverage on shares of Daimler AG in a research note on Monday, September 25th. They set a “buy” rating on the stock. Evercore ISI raised shares of Daimler AG to an “outperform” rating in a research note on Friday, September 8th. Finally, Goldman Sachs Group, Inc. (The) raised shares of Daimler AG from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 6th. Two analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold”.
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About Daimler AG
Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.
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