Investing.com - Continental AG (OTC:CTTAY) PK reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Continental AG PK announced earnings per share of €1.55 on revenue of €8.04B. Analysts polled by Investing.com anticipated EPS of €0.1349 on revenue of €10.06B.
Continental AG PK shares are down 16% from the beginning of the year, still down 58.33% from its 52 week high of €13.56 set on September 15, 2021. They are under-performing the S&P CLX IPSA which is up 25.77% from the start of the year.
Continental AG PK follows other major Consumer Discretionary sector earnings this month
Continental AG PK's report follows an earnings beat by Home Depot on August 16, who reported EPS of €5.05 on revenue of €43.79B, compared to forecasts EPS of €4.95 on revenue of €43.36B.
Alibaba ADR had beat expectations on August 4 with third quarter EPS of €11.73 on revenue of €205.56B, compared to forecast for EPS of €10.7 on revenue of €203.47B.
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