Daimler Truck beats Q3 EBIT forecasts, DTNA margins remain under pressure https://t.co/l26Y8wU4YR https://t.co/tvzDNYiV1f
$RHM #Rheinmetall AG Q3 24 Earnings Sales EU2.45B (est EU2.42B) Still Sees FY Sales About EU10B (est EU9.99B) Sees FY Operating Margin At Upper End Of Guidance
Daimler Truck's Q3 core profit slightly beats view; European weakness persists https://t.co/AFhZgMCuC4 https://t.co/DHTzBEtkZg


Henkel AG reported third-quarter 2024 earnings with sales of €5.49 billion, slightly below the estimated €5.62 billion. The company achieved an organic sales growth of 3.3%, exceeding the forecast of 2.88%. Henkel maintains its full-year adjusted EBIT margin guidance of 13.5% to 14.5%, compared to an estimate of 14.2%. ArcelorMittal's third-quarter earnings showed sales of $15.20 billion, just shy of the $15.23 billion estimate, while EBITDA reached $1.58 billion, surpassing the expected $1.47 billion. The company anticipates full-year capital expenditures between $4.5 billion and $5.0 billion and described current market conditions as 'unsustainable,' though it remains positive about its medium to long-term outlook. Daimler Truck Holdings reported revenues of €13.14 billion, exceeding the estimate of €12.98 billion, and adjusted EBIT of €1.19 billion, above the forecast of €1.13 billion. The company continues to project full-year revenues between €53 billion and €55 billion, compared to the estimate of €53.45 billion. Rheinmetall AG posted third-quarter sales of €2.45 billion, slightly above the estimated €2.42 billion, and reiterated its full-year sales guidance of approximately €10 billion, surpassing the estimate of €9.99 billion, while also expecting to achieve an operating margin at the upper end of its guidance.