EARNINGS POLL-BMW's Q1 Autos EBIT margin to narrow to 10.7 pct

Newswire

* BMW Q1 results * Due on Thursday, May 3 * Automotive EBIT margin seen at 10.7 pct FRANKFURT, April 27 (Reuters) - BMW, the world's largest premium carmaker, is expected to report the operating profit margin at its core cars business narrowed to 10.7 percent in the first quarter from 11.9 percent a year earlier, the average estimate of a Reuters poll of 11 banks and brokerages showed. Its two closest peers already reported results, with Mercedes suffering a 90 basis point drop to an ...

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