0754 GMT - Mercedes-Benz shares could come under some selling pressure today, RBC Capital Markets analyst Tom Narayan writes. Some may have expected the company's earnings to offer more on capital return as it relates to the Daimler Truck stake. Additionally, the van margin guidance for 2025 was below consensus. However, the fourth quarter cars EBIT came in ahead of consensus. More importantly, the company is calling for 2025 cars EBIT margins to be 7% at the midpoint, in line with consensus. Fourth-quarter U.S. volumes were up 8.5% and impressively. APAC was up slightly on year. Margin beat guidance thanks to improving China performance, model availability and better S-Class sales. Shares closed at 61.18 euros. (dominic.chopping@wsj.com)
(END) Dow Jones Newswires
February 20, 2025 02:54 ET (07:54 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.