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Continetal up in early trade after Q3 beat, outlook hike

By Reuters News

** Shares in Continental CONG.DE are up around 3% in early Frankfurt trade after the German tyre maker posted third-quarter earnings beat and raised its full-year 2026 outlook

** Third-quarter adjusted EBIT rose by 6.7% to €514 million ($577.22 million), above the €480 million consensus

** Full-year 2026 adjusted EBIT margin is now seen at around 13.4%-14%, up from a previous range of 12%-13.5%

** JPMorgan notes strong earnings performance in Europe, where Continental's tyre business built on an already strong prior-year comparison

** Out of 17 analysts that cover Continental, six rate the stock "strong buy", six "buy", four "hold" and one "sell" - LSEG data


($1 = 0.8905 euros)

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