BMW Confirms Guidance After Revenue Rose, After-Tax Profit Slipped

BMW confirmed its full-year guidance after revenue rose and aftertax profit fell in the third quarter.

The German car maker said Friday that revenue rose to 38.46 billion euros ($40.85 billion) from EUR37.18 billion in the third quarter of last year. Analysts had expected revenue to come in at EUR37.42 billion, according to FactSet estimates.