Investing.com - Daimler (OTC:DDAIF) reported on Wednesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Daimler announced earnings per share of €2.91 on revenue of €36.44B. Analysts polled by Investing.com anticipated EPS of €3.02 on revenue of €35.53B.
Daimler shares are down 18.04% from the beginning of the year, still down 28.22% from its 52 week high of €77.90 set on February 17. They are under-performing the S&P Global 100 which is down 16.14% from the start of the year.
Daimler shares gained 3.03% in intra-day trade following the report.
Daimler follows other major Consumer Discretionary sector earnings this month
Daimler's report follows an earnings beat by Hornbach on June 29, who reported EPS of €6.14 on revenue of €1.81B, compared to forecasts EPS of €3.09 on revenue of €1.81B.
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