BMW Q1 earnings fall 25 percent but beat estimates
BMW reported a 25 percent drop in first-quarter pre-tax earnings to 2.3 billion euros. The carmaker beat estimates despite a weak China market and tariff costs.
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BAYERISCHE MOTOREN WERKE AG reported a 25% drop in first-quarter pre-tax earnings to 2.3 billion euros ($2.70 billion) on Wednesday morning. The result beat analyst estimates of 2.2 billion euros despite an 8.1% decline in group revenue to 31.0 billion euros. Investors are weighing resilient operating margins against rising tariff costs and cooling demand in China.
