Fiat Chrysler quarterly earnings up by more than a third

Fiat Chrysler quarterly earnings up by more than a third

Fiat Chrysler quarterly earnings up by more than a third

Looks like Wall Street liked the numbers: Shares of Fiat Chrysler Automobiles N.V.

Marchionne warned investors last month at the company's annual meeting that the first quarter was going to be "difficult", but said the company's first-quarter performance will not affect expectations for the year.

Several sell side analysts reviewed their recommendations on Fiat Chrysler Automobiles N.V. (FCAU) where 1 analyst have rated the stock as Strong Buy, 2 analysts said it's a Buy, 0 rated the stock as Hold, 1 analysts reported Underperform and 0 analysts gave their recommendations as Sell. It is engaged in designing, engineering, manufacturing, distributing and selling vehicles and components and production systems. The company owns the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia and Ram brands. The company also focuses on maintaining cost efficiency. Fiat Chrysler Automobiles NV is based in United Kingdom.

Most recently, the biggest move Marchionne made was spinning Ferrari off into an independent company.

Fiat Chrysler Automobiles N.V. (FCAU) now has a consensus Price Target of $15.11. The stock of Fiat Chrysler Automobiles NV (NYSE:FCAU) earned "Sell" rating by Societe Generale on Friday, January 8. One of the important differences between earnings-per-share growth rates and net-income growth rates is that the former reflects the dilution that occurs from new stock issuance, the exercise of employee stock options, warrants, convertible securities, and share repurchases. Goldman Sachs Group Inc restated a "buy" rating on shares of Fiat Chrysler Automobiles NV in a research note on Wednesday.

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Fiat Chrysler quarterly earnings up by more than a third

Another critical number in evaluating a stock is P/E or the price to earnings ratio.

WARNING: "Fiat Chrysler Automobiles NV (FCAU) Receives $10.60 Consensus PT from Brokerages" was published by Chaffey Breeze and is owned by of Chaffey Breeze.

Relative strength index (RSI-14) for Fiat Chrysler Automobiles N.V. (FCAU) is at 68.51. This gives investors an idea of how much the security has moved in the previous year and whether it is trading near the top, middle or bottom of the range.

In North American, the company's pre-tax profits increased slightly to $1.35 billion (1.24 billion euro) compared with $1.3 billion (1.2 billion euro) for the same period past year. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by $0.01.

Revenues were up 4 percent to 27.72 billion euros, slightly above forecasts. Fiat Chrysler Automobiles NV (NYSE:FCAU) has risen 60.92% since September 19, 2016 and is uptrending. The company is sticking to plans for net industrial debt to total less than 2.5 billion euros at the end of the year, compared with 5.11 billion euros as of March 31. These analysts have also projected a Low Estimate of $0.43/share and a High Estimate of $0.48/share.

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