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2 clusters · 3 sources · 10 days · First seen · Last updated

Erste Group Bank automotive earnings forecasts

Overview

Analysts at Erste Group Bank have issued updated earnings per share (EPS) forecasts for several major automotive manufacturers.

For General Motors, analyst S. Lingnau raised the FY2026 EPS estimate to $13.55 from a previous $13.52, while also projecting FY2027 earnings of $15.15 per share. This follows a recent quarter where GM reported $3.57 EPS, exceeding consensus estimates. Separately, GM is pursuing a strategy involving new V-8 engine options for Chevrolet Silverado and GMC Sierra pickups.

Toyota Motor Corporation saw its FY2027 EPS forecast increased by Erste Group Bank to $20.14 per share, up from $19.90. The bank maintains a ‘Strong-Buy’ rating on the stock.

In contrast, the bank lowered its FY2026 EPS estimate for Mercedes-Benz Group AG to $1.55 per share, down from a prior forecast of $1.57. The analyst also projected FY2027 earnings for the company at $1.89 per share.

Entities

Erste Group Bank · General Motors · Toyota Motor Corporation · Infineon Technologies AG · Mercedes-Benz Group AG

Timeline

  1. 7 days ago

    [BUSINESS] 2 sources
    Automakers see shifting earnings forecasts from Erste Group Bank

    Erste Group Bank has updated earnings per share forecasts for major automakers, raising estimates for General Motors and Toyota while lowering the FY2026 outlook for Mercedes-Benz Group.

  2. 17 days ago

    [BUSINESS] 2 sources
    Infineon Technologies sees raised FY2027 earnings forecast

    Erste Group Bank raised its FY2027 earnings per share forecast for Infineon Technologies to $3.27, following recent quarterly results that beat analyst expectations.

Sources

boerse-social.com · stocknews.com · theascent.com