Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) Releases Earnings Results, Misses Expectations By $1.10 EPS

Bayerische Motoren Werke Aktiengesellschaft (OTCMKTS:BAMXF) announced its quarterly earnings data on Friday. The company reported $2.58 earnings per share for the quarter, missing the consensus estimate of $3.68 by ($1.10), Zacks reports. The firm had revenue of $37.70 billion during the quarter, compared to the consensus estimate of $43.77 billion. Bayerische Motoren Werke Aktiengesellschaft had a net margin of 5.48% and a return on equity of 8.67%.

Bayerische Motoren Werke Aktiengesellschaft Stock Performance

Shares of OTCMKTS BAMXF opened at $87.13 on Friday. The company has a current ratio of 1.10, a quick ratio of 0.78 and a debt-to-equity ratio of 0.65. The stock has a 50 day simple moving average of $83.36 and a 200-day simple moving average of $81.79. The company has a market cap of $50.52 billion, a PE ratio of 6.21 and a beta of 0.91. Bayerische Motoren Werke Aktiengesellschaft has a 12-month low of $68.86 and a 12-month high of $123.75.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank upgraded Bayerische Motoren Werke Aktiengesellschaft from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, January 22nd.

About Bayerische Motoren Werke Aktiengesellschaft

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.