Daimler Truck (OTCMKTS:DTRUY) Releases Quarterly Earnings Results, Misses Expectations By $0.39 EPS

Daimler Truck (OTCMKTS:DTRUYGet Free Report) released its quarterly earnings data on Friday. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.39), Zacks reports.

Daimler Truck Price Performance

Shares of OTCMKTS:DTRUY traded down $0.75 on Friday, reaching $26.91. The company had a trading volume of 19,735 shares, compared to its average volume of 66,867. The stock has a 50-day moving average price of $24.88 and a 200 day moving average price of $24.73. Daimler Truck has a twelve month low of $19.43 and a twelve month high of $28.73.

Analyst Ratings Changes

DTRUY has been the subject of a number of recent research reports. Citigroup reaffirmed a “buy” rating on shares of Daimler Truck in a research note on Wednesday, July 1st. Barclays raised Daimler Truck from a “hold” rating to an “overweight” rating in a research note on Tuesday, July 7th. Kepler Capital Markets raised shares of Daimler Truck from a “reduce” rating to a “buy” rating in a research report on Tuesday, July 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Daimler Truck in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Daimler Truck currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Stock Report on Daimler Truck

Daimler Truck Company Profile

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Daimler Truck AG is a leading global manufacturer of commercial vehicles, specializing in the design, production and distribution of trucks, buses and powertrain components. The company operates through a diversified brand portfolio that includes Mercedes-Benz Trucks, Freightliner, Western Star, FUSO, BharatBenz and Thomas Built Buses. Its product range covers heavy-duty, medium-duty and light-duty trucks, as well as a variety of bus models for urban and intercity transportation.

In addition to vehicle manufacturing, Daimler Truck offers a suite of services aimed at fleet management and uptime optimization.

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