Airbus (OTCMKTS:EADSY) Posts Earnings Results, Beats Estimates By $0.02 EPS

Airbus (OTCMKTS:EADSY) issued its quarterly earnings results on Wednesday. The aerospace company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.02, Zacks reports. Airbus had a return on equity of 23.43% and a net margin of 7.71%.

Airbus Stock Up 0.4%

OTCMKTS:EADSY traded up $0.24 during trading hours on Wednesday, hitting $53.71. The stock had a trading volume of 234,065 shares, compared to its average volume of 609,434. The business has a 50 day simple moving average of $55.73 and a two-hundred day simple moving average of $54.56. Airbus has a 1-year low of $45.01 and a 1-year high of $64.35. 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 market cap of $169.50 billion, a PE ratio of 24.53, a price-to-earnings-growth ratio of 2.01 and a beta of 1.09.

Wall Street Analysts Forecast Growth

EADSY has been the topic of several research analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of Airbus in a report on Friday, August 14th. 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 Friday, July 10th. Finally, Deutsche Bank Aktiengesellschaft restated 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 assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Airbus Company Profile

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.