Airbus Group (OTCMKTS:EADSY) Issues Quarterly Earnings Results

Key Points

• Airbus Group reported quarterly earnings of $0.26 earnings per share (EPS), with a net margin of 6.32% and a return on equity of 22.75%.
• The company's stock is currently experiencing a downward trend, trading down 3.9% at $49.52 with a market cap of $156.67 billion.
• Several analysts have recently revised their ratings for Airbus Group, with Jefferies upgrading it to "buy" and Citigroup lowering it to "hold," indicating mixed sentiments on the company's outlook.

Airbus Group (OTCMKTS:EADSY - Get Free Report) announced its quarterly earnings data on Wednesday. The aerospace company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.41 by ($0.15), Zacks reports. Airbus Group had a net margin of 7.01% and a return on equity of 24.38%. The business had revenue of $18.45 billion during the quarter, compared to the consensus estimate of $15.72 billion.

Airbus Group Trading Down 2.7%

Shares of OTCMKTS EADSY traded down $1.35 during midday trading on Friday, reaching $48.89. 416,336 shares of the stock were exchanged, compared to its average volume of 517,467. The business has a 50-day simple moving average of $49.96 and a two-hundred day simple moving average of $45.56. The company has a market capitalization of $154.67 billion, a price-to-earnings ratio of 28.93, a P/E/G ratio of 6.50 and a beta of 1.33. Airbus Group has a 12 month low of $34.46 and a 12 month high of $55.00. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.17 and a quick ratio of 0.50.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on EADSY. Citigroup cut shares of Airbus Group from a "strong-buy" rating to a "hold" rating in a research note on Friday, June 6th. Kepler Capital Markets raised shares of Airbus Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 28th. Finally, Jefferies Financial Group raised shares of Airbus Group from a "hold" rating to a "buy" rating in a research report on Friday, May 2nd. Two investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

About Airbus Group

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.