Bayerische Motoren Werke (OTCMKTS:BAMXF) Releases Quarterly Earnings Results, Misses Estimates By $0.64 EPS

Key Points

• Bayerische Motoren Werke reported $3.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.87 by $0.64.
• The company generated $39.97 billion in revenue during the quarter, exceeding analyst expectations of $38.94 billion.
• Barclays upgraded Bayerische Motoren Werke's shares from a "strong sell" rating to a "hold" rating as of July 11th.

Bayerische Motoren Werke (OTCMKTS:BAMXF - Get Free Report) issued its earnings results on Thursday. The company reported $3.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.87 by ($0.64), Zacks reports. Bayerische Motoren Werke had a net margin of 4.19% and a return on equity of 6.07%. The company had revenue of $39.97 billion during the quarter, compared to analyst estimates of $38.94 billion.

Bayerische Motoren Werke Price Performance

OTCMKTS:BAMXF remained flat at $98.00 during trading hours on Friday. 33 shares of the company were exchanged, compared to its average volume of 928. The firm has a market cap of $56.82 billion, a price-to-earnings ratio of 9.73 and a beta of 0.82. The firm's fifty day moving average is $91.56 and its 200-day moving average is $86.31. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.72. Bayerische Motoren Werke has a 12-month low of $68.23 and a 12-month high of $104.50.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded shares of Bayerische Motoren Werke from a "strong sell" rating to a "hold" rating in a report on Friday, July 11th.

About Bayerische Motoren Werke

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.

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