Mercedes-Benz Group: Q1 Earnings Insights

Mercedes-Benz Group DDAIF reported its Q1 earnings results on Wednesday, April 27, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Mercedes-Benz Group beat estimated earnings by 11.25%, reporting an EPS of $3.66 versus an estimate of $3.29.

Revenue was down $10.33 billion from the same period last year.

Last quarter the company missed on EPS by $0.95 which was followed by a 2.3% drop in the share price the next day.

Here's a look at Mercedes-Benz Group's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	3.43	3.29	3.78	4.58
EPS Actual	2.48	2.13	4.05	4.84
Revenue Estimate	55.62B	51.48B	49.74B	49.04B
Revenue Actual	49.63B	47.27B	52.38B	49.46B

To track all earnings releases for Mercedes-Benz Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.