Continental Consensus Earnings Expectations Could Move Higher -- Market Talk
Dow Jones2026/08/04 08:530842 GMT - Continental's second-quarter beat could trigger low-single-digit percentage consensus EBIT upgrades, UBS analyst David Lesne writes. The tires EBIT margin in the first half is above the full-year guidance range of 13%-14.5%, so not raising or narrowing the guidance in tires is a bit disappointing, but there is a chance the outlook could be raised later on this year, the bank adds. "In any case, Conti will return to shareholders circa 12 euros/share over the coming quarters (related to ContiTech disposal) and is delivering metrics significantly above some peers while trading on an unjustified valuation discount, in our view." Shares fall 1.2%. ([email protected])
(END) Dow Jones Newswires
August 04, 2026 04:53 ET (08:53 GMT)
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