TRATF - Traton's Q2 Earnings: A Turnaround Play At A Crossroads

2024-07-14 08:56:42 ET

Summary

• Traton is one of the leading truck and bus manufacturers in the world, with brands such as Scania, MAN, Navistar and VW Truck & Bus.
• Since its spin-off from Volkswagen, Traton has greatly improved its profitability, closing the gap with the industry leaders.
• Traton already released its Q2 sales, and we can use this information to make a forecast of what the upcoming earnings report may look like.

Traton Group ( OTCPK:TRATF ; OTCPK:TRATY ) is one of the largest truck and bus manufacturers in the world, and it is numbered among those stocks that up until March outperformed the market and turned up as nice surprises for investors. However, since its last quarterly report, the Traton shares have consolidated and started trading sideways between $30 and $36....

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