Bayerische Motoren Werke (OTCMKTS:BAMXF) Posts Quarterly Earnings Results, Beats Expectations By $0.24 EPS

Bayerische Motoren Werke (OTCMKTS:BAMXF) released its earnings results on Thursday. The company reported $2.38 earnings per share for the quarter, topping analysts’ consensus estimates of $2.14 by $0.24, Zacks reports. Bayerische Motoren Werke had a return on equity of 7.09% and a net margin of 5.22%.The company had revenue of $35.70 billion during the quarter, compared to the consensus estimate of $36.98 billion.

Bayerische Motoren Werke Trading Up 0.0%

BAMXF stock traded up $0.02 during midday trading on Friday, reaching $66.02. The stock had a trading volume of 204 shares, compared to its average volume of 1,171. The firm has a market cap of $38.28 billion, a price-to-earnings ratio of 5.09 and a beta of 0.63. Bayerische Motoren Werke has a twelve month low of $60.50 and a twelve month high of $113.10. The company has a quick ratio of 0.89, a current ratio of 1.17 and a debt-to-equity ratio of 0.72. The business has a fifty day simple moving average of $72.58 and a two-hundred day simple moving average of $88.11.

About Bayerische Motoren Werke

Bayerische Motoren Werke AG (BMW) is a German multinational manufacturer of premium automobiles and motorcycles. Headquartered in Munich, the company designs, manufactures and sells a broad range of passenger vehicles under the BMW brand, as well as the MINI and Rolls?Royce marques. BMW’s product portfolio covers luxury sedans and coupes, SUVs and crossovers (the X series), sports cars, high?performance M models, motorcycles through BMW Motorrad, and an expanding range of electrified powertrains including battery-electric and plug?in hybrid variants.

Founded in 1916, BMW began as an engine manufacturer and over the course of the 20th century diversified into motorcycle and automobile production, building a reputation for engineering and driving dynamics.