Volvo (OTC:VLVLY) reported quarterly earnings of SEK 4.86 per share which missed the analyst consensus estimate of SEK 5.51 by 11.8 percent. This is a 29.77 percent decrease over earnings of SEK 6.92 per share from the same period last year. The company reported quarterly sales of SEK 121.80 billion which missed the analyst consensus estimate of SEK 125.67 billion by 3.08 percent. This is a 7.16 percent decrease over sales of SEK 131.20 billion the same period last year.