Stellantis earnings show company 'messed up': Analyst

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 35 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

Stellantis Nyheter

Daniel Roeska

Big automakers suchs as Stellantis (STLA) and Ford (F) recently posted results that disappointed some investors. The auto sector at large, for the most part,...

) recently posted results that disappointed some investors. The auto sector at large, for the most part, underperformed this quarter, but is there more under the hood?

Last year, inventories went up, they had to put discounts back on, they had to put pricing down, they overspend on M and A, they overs spent on Capex and they basically had no free cash flow um in, in the report.So far, this has been the poster boy of global Autos with a very strong track record. And that means everybody across the board, but especially ST L as in some of their, um, their segments will need to cut pricing or find some way to entice um, entice consumers.

This is all about second half and I, you know, I take a deep breath, step back, look at your portfolio and if you wanna be active, I would look for a stock that's compensating you for, wait to wait.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 47. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Auto industry 'quite healthy' despite earnings slump: ExpertThe auto sector is grabbing investor attention as major companies like Stellantis (STLA) and Ford (F) report underwhelming second-quarter earnings. CarGurus ...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »

US GDP, Ford and Stellantis, airline earnings: 3 ThingsStock futures (^DJI, ^IXIC, ^GSPC) are reacting to the latest GDP (gross domestic product) print showing the US economy to have grown by 2.8% in 2024's...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »