BMW Group Reports Q3 GAAP EPS of €2.46 and Revenue of €30.45 Billion

BMW Group has released its third-quarter financial results, reporting a GAAP Earnings Per Share (EPS) of €2.46. Total revenue for the period reached €30.45 billion, representing a 5.8% decrease compared to the same period last year. Vehicle deliveries saw a decline as well, with total automobile deliveries to customers falling by 6.3% year-over-year to 551,075 units. Despite the overall drop in volume, the company noted an increase in the sales of all-electric vehicles (BEVs), signaling continued progress in its electrification strategy.

By Meghavi Singh, SA News Editor · Seeking Alpha ·

BMW Group Reports Q3 GAAP EPS of €2.46 and Revenue of €30.45 Billion

Tickers: $BMWKY

Topics: automotive_sales earnings electric_vehicles revenue

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