Stellantis (STLA) to Report €80.71B Revenue in H1 Earnings Preview

Published on · Source: finance.yahoo.com

Stellantis (STLA) to Report €80.71B Revenue in H1 Earnings Preview

AI Summary

Summarized by AI from the source below

Stellantis (STLA) is set to announce its first-half results on Thursday, expecting revenue of €80.71 billion ($91.82 billion), an increase of nearly 9% from the previous year. The company anticipates adjusted earnings per share of €0.35 ($0.40) and an adjusted operating income of €1.42 billion ($1.62 billion), nearly triple the €540 million ($614 million) recorded last year. CEO Antonio Filosa's turnaround plan has led to a 10% year-over-year increase in Q2 shipments, with North America growth at 38%. This report is significant as it will impact investor confidence and market perception amid pressure from competitors like Ford (F) and GM (GM).

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

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