Continental Aktiengesellschaft (CTTAY) to Release Earnings on Wednesday

Continental Aktiengesellschaft (OTCMKTS:CTTAY) is expected to be releasing its earnings data on Wednesday, May 14th. Analysts expect Continental Aktiengesellschaft to post earnings of $0.07 per share and revenue of $10.31 billion for the quarter.

Continental Aktiengesellschaft (OTCMKTS:CTTAY) last released its earnings results on Tuesday, May 6th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04. The firm had revenue of $11.02 billion during the quarter, compared to analyst estimates of $10.78 billion. Continental Aktiengesellschaft had a net margin of 2.51% and a return on equity of 7.09%. On average, analysts expect Continental Aktiengesellschaft to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Continental Aktiengesellschaft Trading Up 1.0%

Shares of OTCMKTS:CTTAY opened at $8.13 on Monday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.81 and a current ratio of 1.25. The stock’s 50-day moving average is $7.39 and its 200-day moving average is $6.95. The company has a market cap of $16.26 billion, a P/E ratio of 15.06, a P/E/G ratio of 0.35 and a beta of 1.39. Continental Aktiengesellschaft has a 52-week low of $5.56 and a 52-week high of $8.32.

Continental Aktiengesellschaft Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, May 7th. Shareholders of record on Wednesday, April 30th were issued a $0.1978 dividend. The ex-dividend date was Tuesday, April 29th. This represents a yield of 2.61%. This is a positive change from Continental Aktiengesellschaft’s previous dividend of $0.16. Continental Aktiengesellschaft’s dividend payout ratio (DPR) is 27.14%.

Wall Street Analyst Weigh In

CTTAY has been the subject of a number of research analyst reports. Citigroup reiterated a “buy” rating on shares of Continental Aktiengesellschaft in a report on Wednesday, April 2nd. Hsbc Global Res upgraded shares of Continental Aktiengesellschaft to a “hold” rating in a research report on Wednesday, April 2nd.

Continental Aktiengesellschaft Company Profile

Continental Aktiengesellschaft, a technology company, offers intelligent solutions for vehicles, machines, traffic, and transportation worldwide. It operates through four sectors: Automotive, Tires, ContiTech, and Contract Manufacturing. The company offers safety, brake, chassis, motion, and motion control systems; solutions for assisted and automated driving; display and operating technologies; and audio and camera solutions for the vehicle interior, as well as intelligent information and communication technology solutions.