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Continental Ag (OTC) (CTTAF)
:CTTAF
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Earnings Data
Report Date
Mar 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
2.49Last Year’s EPS
1.52Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 08, 2018
|% Change Since: 15.62%
|Next Earnings Date:Aug 02, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment with a challenging start to the year, impacted by market conditions and inflationary pressures. However, the confirmation of full-year guidance and significant order intakes provided some optimism for a recovery in subsequent quarters.Company Guidance
In the Q1 2024 earnings call for Continental AG (CON.DE), the company confirmed its guidance for the year despite a challenging start, with group sales reaching EUR 9.8 billion and an adjusted EBIT margin of 2%. The Automotive segment faced a negative organic growth of 2.4% due to volume, pricing, and FX effects, while Tires and ContiTech also showed negative organic sales results. The free cash flow was impacted by a special onetime effect, leading to approximately minus EUR 1.1 billion. Continental expects improvements throughout the year, driven by price renegotiations, cost-saving measures, and market recovery, with the aim to meet the guidance for each sector, including a potential recovery in the ContiTech segment in H2. The company also highlighted strategic orders in Autonomous Mobility and Architecture and Networking, with a Q1 order intake of EUR 4.6 billion. Overall, the management remains optimistic about achieving their targets, emphasizing ongoing negotiations and operational improvements.Confirmed Full Year Guidance
Despite a challenging start, the company confirmed its full year guidance for all sectors, expecting improvements through the year thanks to negotiation results and cost-saving measures.
Order Intake in Automotive
Achieved an order intake of EUR 4.6 billion for the quarter, with significant wins in Autonomous Mobility and Architecture and Networking.
Operational Improvement in Cash Flow
Operational improvements were noted in the quarter-over-quarter cash flow comparison, with significant working capital enhancements.
Closure of Legal Proceedings
The public prosecutor's office of Hanover closed the time proceedings against Continental AG, with no significant additional impact on earnings expected.
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CTTAF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CTTAF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 11, 2024 | $58.70 | $64.90 | +10.56% |
| Aug 07, 2024 | $59.20 | $64.90 | +9.63% |
| May 08, 2024 | $66.80 | $67.70 | +1.35% |
| Mar 07, 2024 | $80.20 | $79.26 | -1.17% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Continental Ag (OTC) (CTTAF) report earnings?
Continental Ag (OTC) (CTTAF) is schdueled to report earning on Mar 06, 2025, TBA Not Confirmed.
What is Continental Ag (OTC) (CTTAF) earnings time?
Continental Ag (OTC) (CTTAF) earnings time is at Mar 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CTTAF EPS forecast?
CTTAF EPS forecast for the fiscal quarter 2024 (Q4) is 2.49.
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