Airbus (OTCMKTS:EADSY) Releases Earnings Results, Beats Expectations By $0.04 EPS

Airbus (OTCMKTS:EADSY) issued its earnings results on Wednesday. The aerospace company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.04, Zacks reports. Airbus had a return on equity of 20.90% and a net margin of 6.92%.

Airbus Trading Down 1.6%

EADSY traded down $0.98 during trading on Wednesday, hitting $59.47. 241,808 shares of the stock traded hands, compared to its average volume of 678,391. The firm has a market capitalization of $187.66 billion, a P/E ratio of 32.32, a price-to-earnings-growth ratio of 2.21 and a beta of 1.08. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.16 and a quick ratio of 0.50. The firm has a 50-day moving average of $54.16 and a 200 day moving average of $53.54. Airbus has a 12-month low of $45.01 and a 12-month high of $64.35.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on EADSY. Morgan Stanley reissued an “overweight” rating on shares of Airbus in a research report on Thursday, May 28th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Airbus in a research report on Thursday, July 16th. Jefferies Financial Group reiterated a “hold” rating on shares of Airbus in a research report on Friday, July 10th. Kepler Capital Markets upgraded shares of Airbus from a “hold” rating to a “buy” rating in a research report on Thursday, June 18th. Finally, Zacks Research upgraded shares of Airbus from a “strong sell” rating to a “hold” rating in a report on Monday, May 25th. Seven investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

About Airbus

Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company’s activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.

In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.