Daimler AG (DDAIF) Releases Quarterly Earnings Results, Misses Estimates By $0.27 EPS

Daimler AG (NASDAQ:DDAIF) posted its quarterly earnings data on Friday. The company reported $2.38 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $2.65 by ($0.27), Morningstar.com reports. Daimler AG had a net margin of 6.09% and a return on equity of 16.72%. The company had revenue of $47.94 billion for the quarter.

Shares of Daimler AG (NASDAQ:DDAIF) opened at 80.57 on Friday. Daimler AG has a 12 month low of $65.82 and a 12 month high of $81.96. The company has a 50-day moving average price of $79.22 and a 200-day moving average price of $74.46. The stock has a market cap of $86.19 billion and a price-to-earnings ratio of 7.25.

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Several equities analysts have recently issued reports on the stock. Credit Suisse Group assumed coverage on shares of Daimler AG in a report on Wednesday. They set a “neutral” rating on the stock. Bryan, Garnier & Co started coverage on Daimler AG in a research report on Monday, September 25th. They issued a “buy” rating on the stock. Evercore ISI upgraded Daimler AG to an “outperform” rating in a research report on Friday, September 8th. Finally, Goldman Sachs Group, Inc. (The) upgraded Daimler AG from a “neutral” rating to a “buy” rating in a research report on Wednesday, September 6th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company. The company currently has an average rating of “Hold”.

About Daimler AG

Daimler AG (Daimler) is an automotive engineering company. The Company is engaged in the development, production and distribution of cars, trucks and vans in Germany, and the management of the Daimler Group. Daimler’s segments include Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services.

Earnings History for Daimler AG (NASDAQ:DDAIF)

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