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

Daimler Truck (OTCMKTS:DTRUY) posted its quarterly earnings results on Friday. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.39), Zacks reports. The company had revenue of $14.20 billion for the quarter, compared to analyst estimates of $14.29 billion.

Daimler Truck Stock Performance

Shares of DTRUY stock opened at $26.91 on Friday. Daimler Truck has a twelve month low of $19.43 and a twelve month high of $28.73. The stock’s fifty day simple moving average is $24.93 and its 200 day simple moving average is $24.75.

Analyst Upgrades and Downgrades

Several research firms have weighed in on DTRUY. Kepler Capital Markets upgraded Daimler Truck from a “reduce” rating to a “buy” rating in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Daimler Truck in a research note on Thursday, July 23rd. Citigroup reissued a “buy” rating on shares of Daimler Truck in a report on Wednesday, July 1st. Finally, Barclays raised Daimler Truck from a “hold” rating to an “overweight” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Daimler Truck has an average rating of “Moderate Buy”.

Daimler Truck Company Profile

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.