Pirelli & C earnings miss, Revenue beats in Q1

  • Investing.com
Pirelli & C earnings miss, Revenue beats in Q1
Credit: © Reuters.

Investing.com - Pirelli & C reported on Wednesday first quarter earnings that missed analysts' forecasts and revenue that topped expectations.

Pirelli & C announced earnings per share of €0.0482 on revenue of €1.21B. Analysts polled by Investing.com anticipated EPS of €0.0932 on revenue of €1.16B.

Pirelli & C shares are up 11% from the beginning of the year and are trading at €4.9360 , down-from-52-week-high.They are outperforming the STOXX 600 which is up 5.9% year to date.

Pirelli & C follows other major Consumer Cyclical sector earnings this month

Pirelli & C's report follows an earnings beat by Stellantis NV on Wednesday, March 3, 2021, who reported EPS of €1.09 on revenue of €44.64B, compared to forecasts EPS of €0.7175 on revenue of €26.34B.

Moncler SpA had beat expectations on Thursday, February 18, 2021 with fourth quarter EPS of €0.4778 on revenue of €675.3M (NYSE: MMM ), compared to forecast for EPS of €0.305 on revenue of €622.24M.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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