Continental (CTTAY) to Release Quarterly Earnings on Wednesday

Key Points

• Continental (CTTAY) will report quarterly results on Wednesday, May 6; analysts expect EPS $0.17 and revenue $4.98 billion.
• Shares opened at $7.54, with a market cap of $15.08 billion, a P/E of 47.13 and a one‑year trading range of $6.21–$9.19.
• Analyst consensus is Hold (three Buys, five Holds), following recent rating moves including Berenberg cutting to Hold and Sanford C. Bernstein upgrading to Market Perform.

Continental (OTCMKTS:CTTAY - Get Free Report) will likely be announcing its resultson Wednesday, May 6th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $4.9793 billion for the quarter.

Continental Stock Down 0.5%

CTTAY opened at $7.54 on Wednesday. The business's 50-day simple moving average is $7.58 and its 200-day simple moving average is $7.69. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.87 and a current ratio of 1.28. Continental has a one year low of $6.21 and a one year high of $9.19. The stock has a market capitalization of $15.08 billion, a P/E ratio of 47.13, a price-to-earnings-growth ratio of 3.97 and a beta of 1.37.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on CTTAY shares. Berenberg Bank cut Continental from a "buy" rating to a "hold" rating in a research report on Tuesday, January 13th. Citigroup reiterated a "buy" rating on shares of Continental in a research report on Tuesday, February 3rd. Zacks Research upgraded Continental from a "strong sell" rating to a "hold" rating in a research report on Monday, March 9th. Finally, Sanford C. Bernstein upgraded Continental from an "underperform" rating to a "market perform" rating in a research report on Monday, January 5th. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold".

About Continental

Continental AG, trading on the OTC market under the ticker CTTAY, is a global technology company renowned for its wide range of automotive and industrial products. The company's core businesses include the design, development, and manufacturing of tires for passenger cars, commercial trucks, and specialty applications, as well as advanced automotive systems such as braking solutions, vehicle stability controls, sensors and electronic safety devices.

Founded in 1871 and headquartered in Hanover, Germany, Continental began as a rubber manufacturer before pioneering pneumatic tires in the late 19th century.

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