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

Airbus (OTCMKTS:EADSY) released its quarterly earnings results on Wednesday. The aerospace company reported $0.49 earnings per share for the quarter, topping the consensus estimate 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 Trading Up 0.5%

OTCMKTS EADSY traded up $0.28 during trading hours on Wednesday, hitting $53.75. 242,138 shares of the company’s stock were exchanged, compared to its average volume of 609,434. The firm has a market cap of $169.62 billion, a price-to-earnings ratio of 24.54, a PEG ratio of 2.01 and a beta of 1.09. The stock has a 50-day simple moving average of $55.73 and a 200 day simple moving average of $54.56. The company has a current ratio of 1.15, a quick ratio of 0.41 and a debt-to-equity ratio of 0.55. Airbus has a 1-year low of $45.01 and a 1-year high of $64.35.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the company. Jefferies Financial Group restated a “hold” rating on shares of Airbus in a report on Friday, July 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Airbus in a report on Wednesday, July 22nd. Royal Bank Of Canada reiterated an “outperform” rating on shares of Airbus in a research report on Thursday, July 16th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Airbus in a research note on Friday, August 14th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, Airbus 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.