Daimler AG said its fourth-quarter normalized net income amounted to €2.11 per share, compared with the S&P Capital IQ consensus estimate of €2.15 per share.

EPS climbed 21.7% year over year from €1.74.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €2.26 billion, a gain of 21.7% from €1.86 billion in the prior-year period.

The normalized profit margin rose to 5.5% from 4.6% in the year-earlier period.

Total revenue climbed year over year to €41.00 billion from €40.43 billion, and total operating expenses totaled €37.61 billion, compared with €37.45 billion in the year-earlier period.

Reported net income increased 19.3% from the prior-year period to €2.15 billion, or €2.01 per share, from €1.80 billion, or €1.68 per share.

For the year, the company's normalized net income totaled €7.19 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of €8.42.

EPS declined from €7.30 in the prior year.

Normalized net income was €7.69 billion, a decline from €7.81 billion in the prior year.

Full-year total revenue rose from the prior-year period to €153.26 billion from €149.47 billion, and total operating expenses increased year over year to €140.60 billion from €136.84 billion.

The company said reported net income rose year over year to €8.53 billion, or €7.97 per share, in the full year, from €8.42 billion, or €7.87 per share.