HALISTER: BMW 3Q Profit Beats Estimate; FY Forecast Confirmed

BMW 3Q Profit Beats Estimate; FY Forecast Confirmed

(Bloomberg) -- BMW 3Q Ebit EU2.38b, est. EU2.37b. Year ago EU2.35b.
  • Rev. EU23.4b, est. EU23.2b. Year ago EU22.3b
  • Auto unit margin 8.5%, est. 8.9%. Year ago 9.1%
  • Confirms FY forecast
    • Co previously forecast slight increase in pretax profit; slight increase in auto unit volume and revenue, auto Ebit margin in range 8%-10%
  • Webcast at 10am CET for journalists and 2pm for investors
  • Shares down 23% YTD
Alert: HALISTER
Source: BFW (Bloomberg First Word)

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BMW GR (Bayerische Motoren Werke AG)

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