Fiat Chrysler Automobiles (FCAU) Tops Q1 EPS Views; Shipments Flat vs. Prior Year

Fiat Chrysler Automobiles (NYSE: FCAU) reported Q1 EPS of €0.34, €0.13 better than the analyst estimate of €0.21. Revenue for the quarter came in at €26.6 billion versus the consensus estimate of €27.19 billion.

Worldwide shipments of 1,086 thousand units, in line with Q1 2015; Jeep worldwide shipments up 15% from Q1 2015 to 326 thousand units.

Market share in U.S. increased to 13.2%, up 70 bps, and in Europe to 6.7%, up 50 bps. Maintained market leadership in Brazil with 180 bps gap to nearest competitor. Increased Jeep sales in APAC by 17% as production localization proceeds.

For earnings history and earnings-related data on Fiat Chrysler Automobiles (FCAU) click here.

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