Volkswagen (OTCMKTS:VWAGY) Releases Earnings Results, Misses Estimates By $0.80 EPS

Volkswagen (OTCMKTS:VWAGY) announced its earnings results on Tuesday. The company reported $0.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.47 by ($0.80), Zacks reports. Volkswagen had a net margin of 3.77% and a return on equity of 6.37%.

Volkswagen Trading Down 0.2 %

Volkswagen stock opened at $12.03 on Tuesday. Volkswagen has a 1-year low of $8.57 and a 1-year high of $16.48. The company has a fifty day simple moving average of $10.30 and a 200 day simple moving average of $10.12. The company has a market cap of $60.31 billion, a P/E ratio of 4.56, a price-to-earnings-growth ratio of 1.03 and a beta of 1.36.

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.