+ After the Frankfurt market closed, sports-car maker Porsche AG reported a 30% drop in operating profit for the first quarter to €1.3 billion , equivalent to $1.37 billion. + That was by far the worst result since it went public in 2022, and also lower than the analyst consensus of €1.4 billion, according to FactSet. Porsche dealers sold roughly 4% fewer cars to consumers, and they bought 17% fewer from the company—the number that matters for its financial results.