DaimlerChrysler Q2 EBIT meets estimates

Newswire

FRANKFURT, Aug 29 (Reuters) - DaimlerChrysler generated second-quarter earnings before interest and tax of 2.13 billion euros ($2.90 billion), the German carmaker said on Wednesday, in line with market expectations. The company, which sold a majority stake in U.S. arm Chrysler Group to buyout firm Cerberus Capital Management in May, forecast that the group in its new structure would have 2007 EBIT of around 8.5 billion euros. The average of eight estimates in a Reuters poll of analysts ...

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