Airbus (OTCMKTS:EADSY) Posts Earnings Results

Airbus (OTCMKTS:EADSY) posted its earnings results on Tuesday. The aerospace company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.03), Zacks reports. The business had revenue of $14.80 billion for the quarter, compared to analyst estimates of $16.38 billion. Airbus had a net margin of 7.15% and a return on equity of 22.35%.

Airbus Stock Up 1.4%

EADSY stock traded up $0.69 during midday trading on Thursday, reaching $51.16. 50,077 shares of the company’s stock traded hands, compared to its average volume of 797,261. Airbus has a 52 week low of $43.05 and a 52 week high of $64.35. The company has a market cap of $161.45 billion, a price-to-earnings ratio of 27.07, a P/E/G ratio of 1.83 and a beta of 1.11. The company has a quick ratio of 0.50, a current ratio of 1.16 and a debt-to-equity ratio of 0.53. The firm’s fifty day moving average price is $50.03 and its 200-day moving average price is $55.89.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Erste Group Bank lowered Airbus from a “strong-buy” rating to a “hold” rating in a research report on Thursday, March 5th. Citigroup upgraded Airbus from a “neutral” rating to a “buy” rating in a research report on Thursday, March 5th. Rothschild & Co Redburn cut Airbus from a “strong-buy” rating to a “hold” rating in a report on Monday, February 23rd. Wells Fargo & Company raised Airbus to a “hold” rating in a report on Tuesday, March 31st. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Airbus in a research note on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Airbus currently has an average 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.