Airbus (OTCMKTS:EADSY) Releases Earnings Results, Beats Expectations By $0.02 EPS

Airbus (OTCMKTS:EADSY) issued its quarterly earnings results on Wednesday. The aerospace company reported $0.49 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.02, Zacks reports. The company had revenue of $19.44 billion for the quarter, compared to analyst estimates of $20.28 billion. Airbus had a return on equity of 23.75% and a net margin of 8.05%.

Airbus Stock Down 2.4%

Shares of Airbus stock traded down $1.30 on Friday, reaching $53.45. 56,894 shares of the company were exchanged, compared to its average volume of 606,551. Airbus has a one year low of $45.01 and a one year high of $64.35. The company has a market capitalization of $168.67 billion, a price-to-earnings ratio of 23.55, a PEG ratio of 2.04 and a beta of 1.09. The company has a current ratio of 1.15, a quick ratio of 0.41 and a debt-to-equity ratio of 0.55. The company has a 50-day moving average of $55.49 and a 200 day moving average of $54.48.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on EADSY shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Airbus in a research report on Thursday, July 16th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Airbus in a research report on Wednesday. Morgan Stanley reaffirmed an “overweight” rating on shares of Airbus in a research report on Friday, August 14th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Airbus in a research note on Wednesday, July 22nd. Six analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

About Airbus

Airbus SE is a global aerospace and defense company headquartered in the Netherlands, with major operations across Europe and a presence in markets worldwide. The company designs, manufactures and supports commercial aircraft, military aircraft, helicopters, spacecraft and related systems and services.

Through its Commercial Aircraft business, Airbus produces passenger aircraft ranging from single-aisle models in the A220 and A320 families to wide-body aircraft in the A330 and A350 families.