Airbus (OTCMKTS:EADSY) Announces Earnings Results

Airbus (OTCMKTS:EADSY) issued its quarterly earnings results on Wednesday. The aerospace company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.04, Zacks reports. Airbus had a net margin of 6.92% and a return on equity of 20.90%. The company had revenue of $23.36 billion during the quarter, compared to analysts’ expectations of $23.18 billion.

Airbus Stock Up 1.1%

Shares of Airbus stock traded up $0.66 on Thursday, reaching $58.67. 113,358 shares of the company were exchanged, compared to its average volume of 676,104. Airbus has a one year low of $45.01 and a one year high of $64.35. The company has a market capitalization of $185.15 billion, a price-to-earnings ratio of 31.89, a PEG ratio of 2.24 and a beta of 1.08. The company has a current ratio of 1.16, a quick ratio of 0.50 and a debt-to-equity ratio of 0.53. The company has a 50-day moving average of $54.33 and a 200 day moving average of $53.51.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on EADSY. UBS Group reissued a “buy” rating on shares of Airbus in a research report on Friday, April 10th. Kepler Capital Markets raised shares of Airbus from a “hold” rating to a “buy” rating in a research report on Thursday, June 18th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Airbus in a research note on Thursday, July 16th. Zacks Research raised shares of Airbus from a “strong sell” rating to a “hold” rating in a research report on Monday, May 25th. Finally, Morgan Stanley restated an “overweight” rating on shares of Airbus in a research note on Thursday, May 28th. Seven analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the company 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.