Investing.com - BMW ST (DE:BMWG) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
BMW ST announced earnings per share of €3.33 on revenue of €27.47B. Analysts polled by Investing.com anticipated EPS of €3.46 on revenue of €25.56B.
BMW ST shares are up 23% from the beginning of the year and are trading at €89.185 , down-from-52-week-high.They are outperforming the DAX which is up 16.21% from the start of the year.
BMW ST shares gained 0.87% in intra-day trade after the report.
BMW ST follows other major Consumer Discretionary sector earnings this month
BMW ST's report follows an earnings beat by Volkswagen ST on Thursday, October 28, 2021, who reported EPS of €5.51 on revenue of €56.93B, compared to forecasts EPS of €4.51 on revenue of €55.55B.
Volkswagen VZO had beat expectations on Thursday, October 28, 2021 with third quarter EPS of €5.51 on revenue of €56.93B, compared to forecast for EPS of €4.51 on revenue of €55.55B.
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