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Daimler Truck core profit just beats expectations
Daimler Truck Q3 Profit Plunges 35% Even as DTNA Sales Gain
The truck maker posted net income of $676.6 million, or diluted earnings per share of 83 cents, in Q3, down 35% from $1.033 billion, or $1.22, in the year-ago period.
Daimler Truck's Q3 core profit slightly beats view; European weakness persists
Germany's Daimler Truck reported marginally better-than-expected third-quarter core profit on Thursday, driven by its performance in North America, even as weakness in Europe continued to weigh. Adjusted earnings before interest and taxes came in at 1.
Daimler Truck Core Profit Just Beats Expectations but Europe Still Weak
Core profit rose 2% at its Trucks North America segment to reach 725 million euros but fell 46% at its Europe-focused Mercedes-Benz business to 283 million euros. The truckmaker, which also makes yellow school buses under the Thomas Built brand, confirmed its latest outlook for the year.
Daimler Truck Earnings, Revenue Fall Amid Europe Weakness
The German truck and bus maker reported a decline in adjusted earnings and revenue, citing challenging market conditions in Europe.
Daimler Truck beats Q3 EBIT forecasts, DTNA margins remain under pressure
Daimler Truck (ETR: DTGGe) reported a solid set of third-quarter results, with adjusted EBIT coming in ahead of market expectations, driven by standout performanc
22h
on MSN
Daimler Truck wants stability in Germany as warns of tough times ahead
Daimler Truck warned of tough conditions ahead as it reported third quarter earnings on Thursday, with CFO Eva Scherer saying ...
15h
Strong Quarterly Performance and Promising Outlook Justify Buy Rating for Daimler Truck Holding AG
Stifel Nicolaus analyst Alexander Wahl has maintained their bullish stance on DTG stock, giving a Buy rating today. Alexander Wahl has given ...
8d
on MSN
This Company Is Testing Trucks Without a Driver
Torc Robotics has been testing production-intent autonomous trucks this year. Here's when we could see them on the highway.
9d
Daimler Truck assesses China business, flags $195 mln valuation hit
Germany's Daimler Truck said on Tuesday it was assessing the future of its China operations as a recovery in the Chinese ...
15h
J.P. Morgan Keeps Their Buy Rating on Daimler Truck Holding AG (DTG)
In a report released today, Jose Asumendi from J.P. Morgan maintained a Buy rating on Daimler Truck Holding AG (DTG – Research Report), ...
Truck News
10d
Volvo, Daimler Truck sign binding agreement to form software-defined vehicle JV
Volvo Group and Daimler Truck have signed a binding agreement to form a joint venture that will develop a software-defined ...
GlobalData on MSN
6d
Daimler Truck announces arrival of first shipment of RIZON trucks in Canada
RIZON, Daimler Truck's latest all-electric vehicle brand, has announced the arrival of its first shipment of class 4-5 ...
2d
EQS-PVR: Daimler Truck Holding AG: Publication of acquisition or disposal in respect of own shares according Sec. 40 para. 1 sent. 2 WpHG
EQS-PVR: Daimler Truck Holding AG: Publication of acquisition or disposal in respect of own shares according Sec. 40 para. 1 sent. 2 WpHG ...
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