Ram, Jeep, and Fiat parent company Stellantis (STLA) will report first-half results on Thursday morning, with the success of CEO Antonio Filosa's turnaround plan in focus.
For the half, Stellantis is expected to report revenue of 80.71 billion euros ($91.82 billion) per Bloomberg consensus, up nearly 9% compared to last year. Stellantis is expected to post adjusted earnings per share of 0.35 euros ($0.40) and adjusted operating income of 1.42 billion euros ($1.62 billion), almost triple the 540 million euros ($614 million) posted a year ago.
After reporting its Q1 results, Stellantis confirmed its prior 2026 guidance, projecting net revenues to rise in the mid-single digits in 2026, with low-single-digit adjusted operating income margin. The company aims to return to positive industrial free cash flow by 2027.
The company's Big Three rivals — Ford (F) and GM (GM) — both upped their full-year profit projections in their respective reports, putting pressure on Stellantis to do the same.
Filosa's turnaround plan has worked in terms of sales success.
#stellantis #billion #company
For the half, Stellantis is expected to report revenue of 80.71 billion euros ($91.82 billion) per Bloomberg consensus, up nearly 9% compared to last year. Stellantis is expected to post adjusted earnings per share of 0.35 euros ($0.40) and adjusted operating income of 1.42 billion euros ($1.62 billion), almost triple the 540 million euros ($614 million) posted a year ago.
After reporting its Q1 results, Stellantis confirmed its prior 2026 guidance, projecting net revenues to rise in the mid-single digits in 2026, with low-single-digit adjusted operating income margin. The company aims to return to positive industrial free cash flow by 2027.
The company's Big Three rivals — Ford (F) and GM (GM) — both upped their full-year profit projections in their respective reports, putting pressure on Stellantis to do the same.
Filosa's turnaround plan has worked in terms of sales success.
#stellantis #billion #company
2 months ago
