Investing.com - Daimler reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Daimler announced earnings per share of €11.82 on revenue of €43.39B. Analysts polled by Investing.com anticipated EPS of €2.88 on revenue of €42.88B.
Daimler shares are up 3% from the beginning of the year and are trading at €70.100 , down-from-52-week-high.They are outperforming the Euro Stoxx 50 which is down 11.53% from the start of the year.
Daimler shares lost 4.72% in intra-day trade the report.
Daimler follows other major Consumer Discretionary sector earnings this month
Daimler's report follows an earnings missed by Puma SE on Wednesday, who reported EPS of €0.05 on revenue of €1.77B, compared to forecasts EPS of €0.1148 on revenue of €1.75B.
Tui had missed expectations on February 8 with first quarter EPS of €-0.27 on revenue of €2.81B, compared to forecast for EPS of €-0.0034 on revenue of €2.12B.
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