Bayerische Motoren Werke (OTCMKTS:BAMXF) Releases Quarterly Earnings Results, Beats Expectations By $0.03 EPS

Bayerische Motoren Werke (OTCMKTS:BAMXF) released its quarterly earnings data on Wednesday. The company reported $3.20 EPS for the quarter, beating the consensus estimate of $3.17 by $0.03, Zacks reports. The firm had revenue of $37.92 billion during the quarter, compared to the consensus estimate of $44.28 billion. Bayerische Motoren Werke had a return on equity of 6.07% and a net margin of 4.19%.

Bayerische Motoren Werke Stock Performance

OTCMKTS:BAMXF traded up $3.39 during trading on Thursday, reaching $97.77. The company’s stock had a trading volume of 460 shares, compared to its average volume of 1,815. The firm has a market cap of $56.69 billion, a price-to-earnings ratio of 9.71 and a beta of 0.81. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.88 and a current ratio of 1.18. The firm has a 50 day moving average of $97.16 and a 200-day moving average of $93.82. Bayerische Motoren Werke has a 12 month low of $68.23 and a 12 month high of $109.38.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded Bayerische Motoren Werke from a “strong sell” rating to a “hold” rating in a report on Friday, July 11th. One research analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Bayerische Motoren Werke presently has a consensus rating of “Moderate Buy”.

Bayerische Motoren Werke Company Profile

Bayerische Motoren Werke Aktiengesellschaft engages in the development, manufacture, and sale of automobiles and motorcycles, and spare parts and accessories worldwide. It operates through Automotive, Motorcycles, and Financial Services segments. The Automotive segment engages in the development, manufacture, assembling, and sale of automobiles, spare parts, accessories, and mobility services under the BMW, MINI, and Rolls-Royce brands.