Michelin Earnings Guidance Provides Relief -- Market Talk

Dow Jones
2025/02/13

0904 GMT - Michelin's guidance for 2025 offers some relief given that the company points to rising earnings, Deutsche Bank's Christoph Laskawi says in a note. The French tire maker reported revenue and earnings that were in line with expectations, while its cash generation beat forecasts, the analyst says. More importantly, the company guided for growing earnings in 2025, which is in line with expectations but should provide relief to those who feared worse, Laskawi says. Michelin didn't hint at an extension to its 1 billion-euro buyback program, but this could come in the second half of the year, the analyst says. Shares jump 5.2%. (adria.calatayud@wsj.com)

 

(END) Dow Jones Newswires

February 13, 2025 04:04 ET (09:04 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10