better-than-expected revenue and earnings in Q2 By Investing.com


Investing.com – The listed company: Volkswagen ST, disclosed its second quarter. Profits were better than forecast, the company’s revenue exceeded.

Earnings per share (EPS) in the last quarter were €7.46, while revenue was €69.54B. Analysts polled by Investing.com expected EPS of €3.59 and a yield of €64.53B.

Following the presentation of the financial report, the Volkswagen ST stock grew by 2.18% and stood at €184.38 during the day.

Volkswagen ST shares fell 17% for the year, underperforming a 7% decline.

Also other companies from the sector: Luxury goods, presented their financial results

Company: Daimler reports financial results for the second quarter which show that the company’s EPS was €2.91 on revenue of €36.44B. Analysts polled by Investing.com expected EPS of €3.02 and a yield of €35.53B.

Puma SE is another company that published its financial results for the last quarter. Profits exceeded forecasts. The company ended the second quarter with EPS of €0.56 and a profit of €2B. Analysts polled by Investing.com expected EPS of €0.4759 and a yield of €1.86B.

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