Airbus (OTCMKTS:EADSY) Announces Quarterly Earnings Results

Airbus (OTCMKTS:EADSY) posted its quarterly earnings results on Thursday. The aerospace company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.07, Zacks reports. Airbus had a return on equity of 22.55% and a net margin of 6.97%.

Airbus Trading Down 6.5%

EADSY traded down $3.82 during mid-day trading on Thursday, reaching $55.10. The stock had a trading volume of 319,512 shares, compared to its average volume of 595,585. The firm’s fifty day simple moving average is $58.82 and its two-hundred day simple moving average is $57.62. The stock has a market capitalization of $173.88 billion, a P/E ratio of 31.31, a P/E/G ratio of 1.17 and a beta of 1.06. Airbus has a 52 week low of $36.28 and a 52 week high of $64.35. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.43 and a current ratio of 1.15.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Citigroup restated a “neutral” rating on shares of Airbus in a research note on Tuesday, February 3rd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Airbus in a research report on Thursday, October 30th. Kepler Capital Markets downgraded shares of Airbus from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 30th. Finally, Jefferies Financial Group cut Airbus from a “buy” rating to a “hold” rating in a research report on Friday, January 30th. Four research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Airbus Company Profile

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.