BMW ST Earnings beat, Revenue misses In Q1

  • Investing.com
BMW ST Earnings beat, Revenue misses In Q1

Investing.com - BMW ST (ETR: BMWG ) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

BMW ST announced earnings per share of €15.33 on revenue of €31.14B. Analysts polled by Investing.com anticipated EPS of €3.74 on revenue of €31.29B.

BMW ST shares are down 11% from the beginning of the year and are trading at €78.030 , down-from-52-week-high.They are outperforming the DAX which is down 12.48% from the start of the year.

BMW ST follows other major Consumer Discretionary sector earnings this month

BMW ST's report follows an earnings beat by Volkswagen ST on Wednesday, who reported EPS of €13.05 on revenue of €62.74B, compared to forecasts EPS of €8.58 on revenue of €61.55B.

Volkswagen VZO had beat expectations on Wednesday with first quarter EPS of €13.05 on revenue of €62.74B, compared to forecast for EPS of €8.58 on revenue of €61.55B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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