Finance

Will Fiat Chrysler Automobiles N.V. (NYSE:FCAU) miss earning estimates again?

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) is projected to declare fiscal first quarter financial results right before the stock market’s official open on April 26, 2017. The stock lost about -0.6 percent in price since last results when it was at $10.98 a share. Based on the most relevant past-periods data, there is an 75 percent probability for this firm’s share price to go down following next quarterly results. Earnings reaction history tells us that the equity price moved down 6 times out of last 8 reported quarters. It has beaten earnings-per-share estimates 40% of the time in its last 12 earnings reports. It fell short of earnings estimates on 1 occasions, and it has met expectations 1 time.

Here’s how traders responded to FCAU earnings announcements over the past few quarters.

Fiat Chrysler Automobiles N.V. (FCAU) Earnings Surprises & Reaction

Given its history, the average earnings announcement surprise was 39.67 percent over the past four quarters. Back on January 26, 2017, it posted earnings per-share earnings at $0.38 which missed the consensus $0.39 projection (negative surprise of-2.56%). For the quarter, revenue came in at 29.72B versus consensus estimate of 30.03B. The stock gained 0.73 percent the session following the earnings reports were released, and on 7th day price change was 0 percent.

On October 25, 2016, it reported earnings at $0.53 a share compared with the consensus estimate of $0.34 per share (positive surprise of 55.88%). Revenue of 26.84B for that quarter was below the $27.44B analysts had expected. The stock climbed 0.46% the day following the earnings announcement, and on 7th day price change was 12.44%.

On July 27, 2016, it recorded $0.51 a share in earnings which topped the consensus estimate of $0.41 (positive surprise of 24.39%). Revenue for the quarter was $27.89B while analysts called for revenues to be $29.13B. The stock dropped -4.29% the day following the earnings data was made public, and on 7th day price change was -13.14%.

On April 26, 2016, it announced earnings per share at $0.38 versus the consensus estimate of $0.21 per share (positive surprise of 80.95%). That came on revenues of $26.57B for that period. Analysts had expected $27.45B in revenue.

Fiat Chrysler Automobiles N.V. Earnings Estimates

As Q1 earnings announcement date approaches, Wall Street is expecting earnings per share of $0.42. The analysts’ present consensus range is $0.4-$0.45 for EPS. The market consensus range for revenue is between $27.07B and $28.02B, with an average of $27.43B.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU) last ended at $11.11, sending the company’s market cap near $16.62B. The consensus 12-month price target from analysts covering the stock is $15.17. The share price has declined -4.47% from its top level in 52 weeks and dropped 21.82% this year. It recently traded in a range of $10.97-$11.15 at a volume of 3389363 shares. The recent trading ended with the price nearly 0.63 higher for the last 5 trading days, rebounding 103.85% from its 52-week low.

 

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