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https://i-invdn-com.akamaized.net/news/LYNXMPEB280W7_M.jpgFiat announced earnings per share of €-0.65 on revenue of €11.71B. Analysts polled by Investing.com anticipated EPS of €-1.21 on revenue of €13.94B.
Fiat shares are down 34.67% from the beginning of the year , still down 41.68% from its 52 week high of €14.78 set on November 4, 2019. They are under-performing the STOXX 600 which is down 14.31% from the start of the year.
Fiat’s report follows an earnings missed by Moncler SpA on July 26, who reported EPS of €0.17 on revenue of €93.2M, compared to forecasts EPS of €0.2 on revenue of €95.13M.
Freni Brembo had missed expectations on Wednesday with second quarter EPS of €-0.03 on revenue of €375.2M, compared to forecast for EPS of €-0.02 on revenue of €399M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar