Advertisement
UK markets close in 5 hours 28 minutes
  • FTSE 100

    8,250.88
    +19.83 (+0.24%)
     
  • FTSE 250

    20,674.19
    +3.32 (+0.02%)
     
  • AIM

    803.84
    +1.15 (+0.14%)
     
  • GBP/EUR

    1.1731
    -0.0017 (-0.15%)
     
  • GBP/USD

    1.2727
    -0.0005 (-0.04%)
     
  • Bitcoin GBP

    53,367.85
    +155.50 (+0.29%)
     
  • CMC Crypto 200

    1,423.74
    -4.83 (-0.34%)
     
  • S&P 500

    5,235.48
    -31.47 (-0.60%)
     
  • DOW

    38,111.48
    -330.02 (-0.86%)
     
  • CRUDE OIL

    77.99
    +0.08 (+0.10%)
     
  • GOLD FUTURES

    2,363.90
    -2.60 (-0.11%)
     
  • NIKKEI 225

    38,487.90
    +433.80 (+1.14%)
     
  • HANG SENG

    18,079.61
    -150.59 (-0.83%)
     
  • DAX

    18,477.75
    -19.04 (-0.10%)
     
  • CAC 40

    7,967.93
    -10.58 (-0.13%)
     

Bayerische Motoren Werke First Quarter 2024 Earnings: EPS Beats Expectations

Bayerische Motoren Werke (ETR:BMW) First Quarter 2024 Results

Key Financial Results

  • Revenue: €36.6b (flat on 1Q 2023).

  • Net income: €2.79b (down 18% from 1Q 2023).

  • Profit margin: 7.6% (down from 9.3% in 1Q 2023).

  • EPS: €4.42 (down from €5.33 in 1Q 2023).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Bayerische Motoren Werke EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 6.0%.

Looking ahead, revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Auto industry in Germany.

ADVERTISEMENT

Performance of the German Auto industry.

The company's shares are down 1.3% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Bayerische Motoren Werke that you need to be mindful of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.