08:07 AM EDT, 04/30/2024 (MT Newswires) -- Stellantis NV ( STLA ) reported Q1 net revenue Tuesday of 41.70 billion euros ($44.71 billion), down from 47.24 billion euros a year earlier.

Analysts polled by Capital IQ expected 43.32 billion euros.

Stellantis ( STLA ) said its consolidated shipments decreased to about 1.34 million units in Q1 from 1.48 million units a year earlier.

The company said it will pay a dividend of 1.55 euros per share on Friday.

Shares of Stellantis ( STLA ) were down 4.2% in recent Tuesday premarket activity.

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