Bayerische Motoren Werke (OTCMKTS:BAMXF) Issues Earnings Results

Bayerische Motoren Werke (OTCMKTS:BAMXF) issued its quarterly earnings results on Thursday. The company reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.14 by $0.24, Zacks reports. Bayerische Motoren Werke had a return on equity of 6.51% and a net margin of 4.92%.The company had revenue of $35.70 billion for the quarter, compared to analysts’ expectations of $36.98 billion.

Bayerische Motoren Werke Price Performance

OTCMKTS:BAMXF traded up $0.02 during mid-day trading on Friday, reaching $66.02. 309 shares of the stock were exchanged, compared to its average volume of 610. The company has a current ratio of 1.17, a quick ratio of 0.89 and a debt-to-equity ratio of 0.72. The business has a fifty day moving average price of $72.16 and a 200 day moving average price of $87.96. Bayerische Motoren Werke has a 1-year low of $60.50 and a 1-year high of $113.10. The firm has a market capitalization of $38.28 billion, a PE ratio of 5.45 and a beta of 0.63.

Bayerische Motoren Werke Company Profile

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.