Continental (OTCMKTS:CTTAY - Get Free Report) is projected to post its quarterly earnings results before the market opens on Wednesday, August 6th. Analysts expect Continental to post earnings of $0.26 per share and revenue of $11.10 billion for the quarter.
Continental (OTCMKTS:CTTAY - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.04. The firm had revenue of $11.02 billion during the quarter, compared to the consensus estimate of $10.78 billion. Continental had a return on equity of 9.84% and a net margin of 3.71%. On average, analysts expect Continental to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Continental Stock Down 0.6%
Shares of Continental stock traded down $0.05 during trading hours on Friday, hitting $8.54. 25,229 shares of the company's stock traded hands, compared to its average volume of 29,752. The stock has a 50 day simple moving average of $8.77 and a 200-day simple moving average of $7.85. The company has a quick ratio of 1.47, a current ratio of 1.68 and a debt-to-equity ratio of 0.27. The company has a market cap of $17.08 billion, a PE ratio of 12.20, a PEG ratio of 0.69 and a beta of 1.38. Continental has a twelve month low of $5.64 and a twelve month high of $9.19.
Wall Street Analyst Weigh In
Separately, Jefferies Financial Group downgraded Continental from a "buy" rating to a "hold" rating in a research note on Thursday, May 22nd.
Check Out Our Latest Analysis on CTTAY
About Continental
(
Get Free Report)
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.
Featured Stories
Before you consider Continental, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Continental wasn't on the list.
While Continental currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access