Fiat Chrysler Automobiles (FCAU) Posts Q4 adj.-EPS of EUR 0.74/Share
Fiat Chrysler Automobiles (NYSE: FCAU) reported Q4 EPS of €0.74, including, Ferrari, which may not compare with the analyst estimate of $0.33. Revenue for the quarter came in at €29.4 billion versus the consensus estimate of €29.71 billion.
- Worldwide shipments were 4.6 million units, in line with 2014. Jeep's strong global performance continued with record worldwide shipments of 1.3 million up 21%.
- Adjusted EBIT1 was €5.3 billion, up 40% from €3.8 billion in 2014, with NAFTA more than doubling and EMEA returning to profitability one year ahead of plan. All segments were profitable in Q4 2015.
- Adjusted net profit2 was €2.0 billion, up 91% compared to €1.1 billion in 2014. Net profit in 2015 was €377 million, which includes Q3 charges for the change in estimate to reflect current regulatory and recall environment, as well as Q4 charges for planned realignment of NAFTA capacity to reflect market trends.
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