Bayerische Motoren Werke (OTCMKTS:BAMXF) Posts Earnings Results, Beats Estimates By $0.03 EPS

Bayerische Motoren Werke (OTCMKTS:BAMXF) posted its quarterly earnings data on Wednesday. The company reported $3.20 earnings per share for the quarter, beating the consensus estimate of $3.17 by $0.03, Zacks reports. Bayerische Motoren Werke had a net margin of 5.14% and a return on equity of 7.58%. The firm had revenue of $37.92 billion for the quarter, compared to analysts’ expectations of $44.28 billion.

Bayerische Motoren Werke Price Performance

BAMXF stock opened at $97.77 on Friday. The firm has a market cap of $56.69 billion, a P/E ratio of 7.78 and a beta of 0.81. The firm’s fifty day moving average is $96.97 and its 200 day moving average is $93.84. Bayerische Motoren Werke has a 52 week low of $68.23 and a 52 week high of $109.38. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.88 and a current ratio of 1.18.

Wall Street Analysts Forecast Growth

Separately, Barclays raised Bayerische Motoren Werke from a “strong sell” rating to a “hold” rating in a research note on Friday, July 11th. One analyst has rated the stock with a Strong Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Bayerische Motoren Werke has an average 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.