Continental (CTTAY) Expected to Announce Earnings on Wednesday

Continental (OTCMKTS:CTTAY) is expected to be announcing its results before the market opens on Wednesday, November 4th. Analysts expect Continental to post earnings of $0.1524 per share and revenue of $3.96 billion for the quarter.

Continental (OTCMKTS:CTTAY) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.02). Continental had a negative return on equity of 10.86% and a negative net margin of 1.36%. The company had revenue of $5.09 billion for the quarter, compared to analyst estimates of $5.03 billion. On average, analysts expect Continental to post $0.67 EPS for the current fiscal year and $0.72 EPS for the next fiscal year.

Continental Stock Up 2.4%

Shares of OTCMKTS:CTTAY opened at $7.62 on Tuesday. The company’s fifty day moving average is $7.88 and its 200-day moving average is $7.93. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.06 and a current ratio of 1.38. Continental has a 52 week low of $6.61 and a 52 week high of $8.97. The company has a market capitalization of $15.24 billion, a PE ratio of 107.29, a P/E/G ratio of 1.03 and a beta of 1.35.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on CTTAY shares. Sanford C. Bernstein raised shares of Continental from a “market perform” rating to an “outperform” rating in a report on Thursday, October 8th. Oddo Bhf raised shares of Continental from a “neutral” rating to an “outperform” rating in a report on Thursday, September 3rd. Finally, Kepler Capital Markets lowered shares of Continental from a “strong-buy” rating to a “hold” rating in a report on Monday, July 6th. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Continental Company Profile

Continental AG is a Germany-based technology and automotive supplier whose products and services support vehicle manufacturers, commercial transportation companies and industrial customers. The company develops vehicle systems and components, tires, and products made from rubber and other technical materials.

Its automotive activities include electronic systems, safety and motion-control technologies, software, displays, sensors and other components used in passenger vehicles and commercial vehicles.