Volkswagen AG (OTCMKTS:VWAGY) – Jefferies Financial Group issued their Q1 2021 earnings estimates for Volkswagen in a report issued on Wednesday, April 14th. Jefferies Financial Group analyst P. Houchois forecasts that the company will earn $0.61 per share for the quarter. Jefferies Financial Group currently has a “Buy” rating on the stock. Jefferies Financial Group also issued estimates for Volkswagen’s FY2021 earnings at $2.86 EPS, FY2022 earnings at $3.46 EPS and FY2023 earnings at $3.85 EPS.
Other analysts have also issued reports about the company. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Volkswagen in a report on Monday, March 22nd. Morgan Stanley restated an “equal weight” rating on shares of Volkswagen in a research note on Thursday, March 18th. Zacks Investment Research downgraded Volkswagen from a “buy” rating to a “hold” rating in a research note on Wednesday, March 3rd. Barclays restated an “overweight” rating on shares of Volkswagen in a research note on Wednesday, March 17th. Finally, Royal Bank of Canada restated an “outperform” rating on shares of Volkswagen in a research note on Wednesday, March 17th. One analyst has rated the stock with a sell rating, seven have given a hold rating and nine have issued a buy rating to the company. Volkswagen has a consensus rating of “Hold”.
Volkswagen (OTCMKTS:VWAGY) last issued its quarterly earnings data on Tuesday, March 16th. The company reported $1.58 EPS for the quarter. The firm had revenue of $76.98 billion during the quarter, compared to analyst estimates of $81.55 billion. Volkswagen had a return on equity of 4.31% and a net margin of 2.38%.
Volkswagen Company Profile
Volkswagen AG engages in the production and sale of passenger cars and light commercial vehicles. The firm also develops vehicles and components for the brands of the group. It operates through following segments: Passenger Cars, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars segment covers the development of vehicles and engines; production and sale of passenger cars and light commercial vehicles; and the corresponding genuine parts business.
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