Investing.com - BMW ST (DE:BMWG) reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
BMW ST announced earnings per share of €4.26 on revenue of €26.78B. Analysts polled by Investing.com anticipated EPS of €3.24 on revenue of €25.15B.
BMW ST shares are up 14.42% from the beginning of the year and are trading at €83.630 , down-from-52-week-high.They are outperforming the S&P/ASX 200 which is up 7.49% from the start of the year.
BMW ST follows other major Consumer Cyclical sector earnings this month
BMW ST's report follows an earnings missed by Volkswagen ST on Thursday, who reported EPS of €6.47 on revenue of €62.39B, compared to forecasts EPS of €6.96 on revenue of €60.86B.
Volkswagen VZO had missed expectations on Thursday with first quarter EPS of €6.47 on revenue of €62.39B, compared to forecast for EPS of €6.96 on revenue of €60.86B.
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