Brokerages Anticipate Fiat Chrysler Automobiles NV (FCAU) Will Announce Earnings of $0.75 Per Share

Brokerages predict that Fiat Chrysler Automobiles NV (NYSE:FCAU) will report earnings per share (EPS) of $0.75 for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Fiat Chrysler Automobiles’ earnings. Fiat Chrysler Automobiles reported earnings of $0.81 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 7.4%. The business is scheduled to issue its next quarterly earnings report on Thursday, April 25th.

On average, analysts expect that Fiat Chrysler Automobiles will report full year earnings of $3.20 per share for the current year, with EPS estimates ranging from $2.65 to $3.67. For the next year, analysts forecast that the firm will report earnings of $3.40 per share, with EPS estimates ranging from $3.19 to $3.60. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that that provide coverage for Fiat Chrysler Automobiles.

Fiat Chrysler Automobiles (NYSE:FCAU) last announced its earnings results on Thursday, February 7th. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $1.01 by $0.03. The firm had revenue of $30.62 billion for the quarter, compared to the consensus estimate of $29.94 billion. Fiat Chrysler Automobiles had a net margin of 3.15% and a return on equity of 21.83%. The business’s quarterly revenue was up 6.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.70 EPS.

FCAU has been the topic of several recent analyst reports. Societe Generale upgraded shares of Fiat Chrysler Automobiles from a “hold” rating to a “buy” rating in a report on Monday, November 5th. Zacks Investment Research upgraded shares of Fiat Chrysler Automobiles from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a report on Friday, January 4th. Barclays downgraded shares of Fiat Chrysler Automobiles from an “overweight” rating to an “equal weight” rating and set a $15.23 target price on the stock. in a report on Friday. ValuEngine upgraded shares of Fiat Chrysler Automobiles from a “sell” rating to a “hold” rating in a report on Monday, February 4th. Finally, HSBC downgraded shares of Fiat Chrysler Automobiles from a “buy” rating to a “hold” rating in a report on Friday, October 26th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and six have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $20.22.

Several large investors have recently bought and sold shares of the company. Wetherby Asset Management Inc. increased its holdings in shares of Fiat Chrysler Automobiles by 2.7% during the 4th quarter. Wetherby Asset Management Inc. now owns 34,991 shares of the company’s stock worth $506,000 after purchasing an additional 905 shares during the period. Comerica Bank increased its holdings in shares of Fiat Chrysler Automobiles by 1.2% during the 4th quarter. Comerica Bank now owns 90,528 shares of the company’s stock worth $1,510,000 after purchasing an additional 1,088 shares during the period. Cigna Investments Inc. New increased its holdings in shares of Fiat Chrysler Automobiles by 8.1% during the 4th quarter. Cigna Investments Inc. New now owns 15,646 shares of the company’s stock worth $227,000 after purchasing an additional 1,176 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of Fiat Chrysler Automobiles by 7.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 18,292 shares of the company’s stock worth $264,000 after purchasing an additional 1,225 shares during the period. Finally, Rocky Mountain Advisers LLC increased its holdings in shares of Fiat Chrysler Automobiles by 51.2% during the 4th quarter. Rocky Mountain Advisers LLC now owns 4,429 shares of the company’s stock worth $64,000 after purchasing an additional 1,500 shares during the period. Institutional investors own 25.44% of the company’s stock.

FCAU traded down $0.37 during trading on Monday, hitting $14.56. The stock had a trading volume of 5,873,083 shares, compared to its average volume of 5,299,531. The company has a market capitalization of $28.88 billion, a PE ratio of 3.85, a price-to-earnings-growth ratio of 0.22 and a beta of 1.91. Fiat Chrysler Automobiles has a 12 month low of $14.01 and a 12 month high of $24.41. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.86 and a quick ratio of 0.58.

Fiat Chrysler Automobiles Company Profile

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, 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.

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