Airbus (EADSY) Expected to Announce Quarterly Earnings on Wednesday

Key Points

• Airbus is expected to announce quarterly earnings on October 29th, with projections of $0.36 per share in earnings and $17.1194 billion in revenue for the quarter.
• In the previous quarter, Airbus reported earnings of $0.26 per share, missing expectations by $0.15, but exceeding revenue estimates with $18.45 billion.
• Analysts have mixed ratings for Airbus, with a consensus rating of "Moderate Buy", including one Strong Buy and five Buy ratings.

Airbus (OTCMKTS:EADSY - Get Free Report) is projected to issue its results before the market opens on Wednesday, October 29th. Analysts expect the company to announce earnings of $0.36 per share and revenue of $17.1194 billion for the quarter.

Airbus (OTCMKTS:EADSY - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The aerospace company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.15). Airbus had a net margin of 7.01% and a return on equity of 24.38%. The firm had revenue of $18.45 billion for the quarter, compared to the consensus estimate of $15.72 billion. On average, analysts expect Airbus to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Airbus Price Performance

Shares of OTCMKTS EADSY opened at $59.88 on Wednesday. The stock has a fifty day simple moving average of $56.08 and a two-hundred day simple moving average of $50.07. Airbus has a 1-year low of $35.52 and a 1-year high of $60.43. The firm has a market cap of $189.44 billion, a price-to-earnings ratio of 35.43, a price-to-earnings-growth ratio of 1.70 and a beta of 1.29. The company has a current ratio of 1.17, a quick ratio of 0.50 and a debt-to-equity ratio of 0.75.

Analysts Set New Price Targets

EADSY has been the subject of several research reports. The Goldman Sachs Group initiated coverage on Airbus in a report on Friday, September 19th. They set a "buy" rating for the company. UBS Group raised Airbus from a "neutral" rating to a "buy" rating in a report on Thursday, September 4th. Royal Bank Of Canada restated an "outperform" rating on shares of Airbus in a research report on Monday, September 15th. Finally, Zacks Research upgraded Airbus to a "hold" rating in a research report on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

About Airbus

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.

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