Airbus (OTCMKTS:EADSY) Announces Quarterly Earnings Results

Key Points

• Airbus exceeded earnings expectations, reporting quarterly EPS of $0.49 versus the consensus estimate of $0.47. The company posted a 7.71% net margin and 23.43% return on equity.
• Shares rose 0.4% to $53.71, giving Airbus a market capitalization of approximately $169.5 billion. The stock remains below its 50-day and 200-day moving averages.
• Analyst sentiment is broadly positive, with six Buy ratings and six Hold ratings resulting in a consensus rating of “Moderate Buy.”

Airbus (OTCMKTS:EADSY - Get Free Report) posted its quarterly earnings results on Wednesday. The aerospace company reported $0.49 EPS for the quarter, topping the consensus estimate of $0.47 by $0.02, Zacks reports. Airbus had a net margin of 7.71% and a return on equity of 23.43%.

Airbus Trading Up 0.4%

Shares of Airbus stock traded up $0.24 on Wednesday, hitting $53.71. The stock had a trading volume of 234,065 shares, compared to its average volume of 609,434. The stock has a market cap of $169.50 billion, a price-to-earnings ratio of 24.53, a PEG ratio of 2.01 and a beta of 1.09. The stock's 50-day simple moving average is $55.73 and its two-hundred day simple moving average is $54.56. Airbus has a one year low of $45.01 and a one year high of $64.35. The company has a quick ratio of 0.41, a current ratio of 1.15 and a debt-to-equity ratio of 0.55.

Analysts Set New Price Targets

A number of research analysts have issued reports on EADSY shares. Royal Bank Of Canada restated an "outperform" rating on shares of Airbus in a research report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Airbus in a report on Wednesday, July 22nd. Jefferies Financial Group restated a "hold" rating on shares of Airbus in a research report on Friday, July 10th. 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 given a Hold rating to the company. Based on data from MarketBeat, the stock 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.

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