Continental Aktiengesellschaft (OTCMKTS:CTTAY) Issues Earnings Results, Beats Expectations By $0.06 EPS

Continental Aktiengesellschaft (OTCMKTS:CTTAY - Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.23 EPS for the quarter, beating analysts' consensus estimates of $0.17 by $0.06, Zacks reports. Continental Aktiengesellschaft had a return on equity of 7.09% and a net margin of 2.51%. The firm had revenue of $10.63 billion during the quarter, compared to analysts' expectations of $10.90 billion.

Continental Aktiengesellschaft Stock Up 0.1 %

CTTAY traded up $0.01 during mid-day trading on Friday, reaching $7.45. 9,927 shares of the stock were exchanged, compared to its average volume of 424,114. Continental Aktiengesellschaft has a 1 year low of $5.56 and a 1 year high of $7.70. 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 has a market capitalization of $14.90 billion, a PE ratio of 13.80, a price-to-earnings-growth ratio of 0.35 and a beta of 1.64. The company has a 50 day moving average price of $6.92 and a two-hundred day moving average price of $6.60.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded Continental Aktiengesellschaft from a "hold" rating to a "strong-buy" rating in a research note on Friday, November 15th.

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.