Fiat Chrysler profit up more than a third as Europe improves

Posted April 28, 2017

(NYSE:MATX). Citigroup invested in 84,598 shares or 0% of the stock.

The automaker also is now entering the final phase of a five-year plan that CEO Sergio Marchionne unveiled in 2014 that counts on the successful reintroduction of Alfa Romeo in the USA and on steep sales targets for Maserati and Jeep.

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Fiat Chrysler Automobiles N.V. (FCAU) belongs to the " sector with an industry focus on ", with Mr. John Jacob Philip Elkann as Chairman. Fiat Chrysler Automobiles NV had a return on equity of 14.89% and a net margin of 1.63%. The stock of Fiat Chrysler Automobiles NV (NYSE:FCAU) has "Hold" rating given on Tuesday, November 22 by Berenberg. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. It also came in above Wall Street's revenue estimate of $29.79 billion for the first quarter of the year. Adjusted diluted earnings per share were €0.43, modestly ahead of expectations for €0.42. They expect $-0.20 earnings per share, down 300.00% or $0.15 from last year's $-0.05 per share. Analysts have a mean recommendation of 2.30 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). The stock dropped -17.68% beyond one week and declined -19.20% during previous one month session. Equities research analysts predict that Fiat Chrysler Automobiles NV will post $2.08 earnings per share for the current fiscal year. If you are viewing this story on another site, it was illegally copied and reposted in violation of worldwide copyright laws. The stock of Fiat Chrysler Automobiles NV (NYSE:FCAU) earned "Neutral" rating by BNP Paribas on Monday, November 16.

Maximum and minimum EPS estimate for the current quarter is projected at $0.58 and $0.47, respectively, according to 6 analysts. In an effort to boost profitability and reduce its debt significantly by the end of next year, FCA is working around the world to increase sales and production of its most profitable products - trucks, SUVs, and luxury models. Russell Investments Group Ltd. purchased a new stake in Fiat Chrysler Automobiles NV during the fourth quarter worth approximately $127,532,000. EBIT grew 1% thanks to the currency effect (-3% without this). Finally, Allianz Asset Management AG raised its position in Fiat Chrysler Automobiles NV by 488.6% in the fourth quarter. (NASDAQ:FSNN) shares typically trade an average volume of 41.30 and institutions hold 20.60% of the total shares. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock.