Volvo Q1 EPS $0.67 Up From $0.61 YoY, Sales $12.62B Up From $12.58B YoY
Portfolio Pulse from Benzinga Newsdesk
Volvo reported a Q1 EPS of $0.67, up 9.02% from $0.61 YoY, with sales reaching $12.62B, a 0.36% increase from $12.58B YoY.
April 17, 2024 | 5:45 am
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Volvo's Q1 EPS increased to $0.67 from $0.61 YoY, and sales rose to $12.62B from $12.58B YoY.
The increase in both earnings per share and sales indicates a positive financial performance for Volvo, likely leading to a positive short-term impact on its stock price. The growth in EPS, especially, is a key indicator of financial health and profitability, which can attract more investors and boost stock value.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100