Stellantis FY23 Adj. EPS €6.42, Up From €5.99 YoY; Revenue €189.54B, Up From €179.59B YoY
Portfolio Pulse from Benzinga Newsdesk
Stellantis reported its FY23 adjusted earnings per share (EPS) at €6.42, an increase from €5.99 year-over-year (YoY). The company's revenue for the fiscal year 2023 reached €189.54 billion, up from €179.59 billion YoY.
February 15, 2024 | 6:53 am
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POSITIVE IMPACT
Stellantis reported a year-over-year increase in both adjusted EPS and revenue for FY23, indicating strong financial performance.
The reported increase in both adjusted EPS and revenue for Stellantis in FY23 suggests a strong financial performance and operational efficiency. This positive financial outcome is likely to instill investor confidence and could lead to a short-term positive impact on STLA's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100