NEW YORK (TheStreet) -- Fiat Chrysler Automobiles (FCAU) - Get Report stock is gaining by 7.75% to $7.65 in midday trading on Tuesday, before the company's 2015 fourth quarter and full year financial results, which will be released on Wednesday before the market open

The automaker is expected to report a year-over-year decline in earnings per share for the quarter and the year, but an increase in revenue for both periods.

Analysts surveyed by Thomson Reuters have estimated for earnings of 33 euro cents per share on revenue of 29.54 billion euros.

Last year, Fiat Chrysler posted earnings of 35 euro cents per share on 27.08 billion euros in revenue for the 2014 fourth quarter.

For the full year, analysts have estimated for earnings of 52 euro cents per share on revenue of 111.83 billion euros, compared with earnings of 73 euro cents per share on 96.09 billion euros in revenue that the company reported for 2014.

Fiat Chrysler's European sales increased 13.6% last year, boosting its market share to 6.1% in the region. Sales of new models were strong, especially for the Fiat 500X and the Jeep Renegade.

In the U.S., 2015 sales were up 7% year-over-year, driven by record Jeep sales and strong Ram Truck sales.

Image placeholder title


data by