Airbus Group (OTCMKTS:EADSY) Issues 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) issued its quarterly earnings results on Wednesday. The aerospace company reported $0.26 EPS for the quarter, missing the consensus estimate 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 company had revenue of $18.45 billion for the quarter, compared to analyst estimates of $15.72 billion.

Airbus Group Stock Performance

OTCMKTS:EADSY traded down $1.35 during mid-day trading on Friday, hitting $48.89. 416,336 shares of the stock were exchanged, compared to its average volume of 517,467. The stock has a market capitalization of $154.67 billion, a price-to-earnings ratio of 28.93, a price-to-earnings-growth ratio of 6.68 and a beta of 1.33. The firm's 50-day simple moving average is $49.96 and its 200 day simple moving average is $45.52. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.50 and a current ratio of 1.17. Airbus Group has a fifty-two week low of $34.46 and a fifty-two week high of $55.00.

Analyst Ratings Changes

Several research analysts recently commented on EADSY shares. Jefferies Financial Group raised Airbus Group from a "hold" rating to a "buy" rating in a research report on Friday, May 2nd. Kepler Capital Markets raised Airbus Group from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 28th. Finally, Citigroup cut Airbus Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, June 6th. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company 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.