Mercedes-Benz Group (OTC:DDAIF) reported its Q1 earnings results on Wednesday, April 27, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Mercedes-Benz Group beat estimated earnings by 11.25%, reporting an EPS of $3.66 versus an estimate of $3.29.
Revenue was down $10.33 billion from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.95 which was followed by a 2.3% drop in the share price the next day.
Here's a look at Mercedes-Benz Group's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 3.43 | 3.29 | 3.78 | 4.58 |
| EPS Actual | 2.48 | 2.13 | 4.05 | 4.84 |
| Revenue Estimate | 55.62B | 51.48B | 49.74B | 49.04B |
| Revenue Actual | 49.63B | 47.27B | 52.38B | 49.46B |
To track all earnings releases for Mercedes-Benz Group visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
