Stellantis NV
STLAM: XMIL (ITA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Ln | LOCK|#X | LOCK|p@Fy&s |
Stellantis Earnings: Still Too Early to Confirm a Turnaround; More Restructuring Expected
Stellantis reported 13% year-over-year growth in both shipments and revenue in the third quarter. However, this growth is off a depressed base, with shipments and revenue declining negative 20% and negative 27%, respectively, in the third quarter of 2024.
