Continental Aktiengesellschaft (CTTAY) to Release Quarterly Earnings on Wednesday

Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) is anticipated to issue its quarterly earnings data on Wednesday, May 14th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $10.31 billion for the quarter.

Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.07 by $0.04. Continental Aktiengesellschaft had a net margin of 2.51% and a return on equity of 7.09%. The company had revenue of $11.02 billion during the quarter, compared to analysts' expectations of $10.78 billion. On average, analysts expect Continental Aktiengesellschaft to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Continental Aktiengesellschaft Stock Up 1.0 %

Shares of OTCMKTS:CTTAY traded up $0.08 during trading on Friday, hitting $8.13. The company's stock had a trading volume of 30,657 shares, compared to its average volume of 267,205. The company has a market capitalization of $16.26 billion, a PE ratio of 15.06, a PEG ratio of 0.35 and a beta of 1.39. Continental Aktiengesellschaft has a fifty-two week low of $5.56 and a fifty-two week high of $8.32. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.81 and a current ratio of 1.25. The stock's 50-day moving average price is $7.39 and its two-hundred day moving average price is $6.94.

Continental Aktiengesellschaft Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, May 7th. Stockholders of record on Wednesday, April 30th were given a dividend of $0.1978 per share. The ex-dividend date of this dividend was Tuesday, April 29th. This represents a dividend yield of 2.61%. This is an increase from Continental Aktiengesellschaft's previous dividend of $0.16. Continental Aktiengesellschaft's dividend payout ratio (DPR) is presently 27.14%.

Analyst Ratings Changes

CTTAY has been the topic of a number of research analyst reports. Hsbc Global Res upgraded shares of Continental Aktiengesellschaft to a "hold" rating in a research note on Wednesday, April 2nd. Citigroup reiterated a "buy" rating on shares of Continental Aktiengesellschaft in a research note on Wednesday, April 2nd.

Continental Aktiengesellschaft Company Profile

Continental Aktiengesellschaft, a technology company, offers intelligent solutions for vehicles, machines, traffic, and transportation worldwide. It operates through four sectors: Automotive, Tires, ContiTech, and Contract Manufacturing. The company offers safety, brake, chassis, motion, and motion control systems; solutions for assisted and automated driving; display and operating technologies; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions.