Auto & Transport Roundup: Market Talk

The latest Market Talks covering the Auto and Transport sector. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.

0817 GMT – Continental’s decision not to upgrade full-year guidance will probably be viewed as conservative, Bernstein analysts write. The German tire maker reported an EBIT beat in the second quarter, taking margins above 15%. The main debate ahead of earnings was on guidance, with many investors expecting an upgrade on the back of the second-quarter strength. This is understandable since tire margins were 14.9% in the first half versus the existing full-year guidance of 13.0-14.5%, Bernstein says. Management may point to the upper end of the guidance range on the analyst call, but with consensus margin expectations already at 14.0% for 2026, any estimate upgrades may be limited, the bank adds. Shares fall 0.6%. ([email protected])