EVE (NYSE:EVEX) Posts Quarterly Earnings Results, Misses Expectations By $0.03 EPS

EVE (NYSE:EVEX - Get Free Report) released its earnings results on Monday. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.03), Zacks reports.

EVE Stock Up 2.4%

Shares of EVEX opened at $3.90 on Monday. The company has a market capitalization of $1.16 billion, a P/E ratio of -8.12 and a beta of 0.53. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.21 and a quick ratio of 5.21. EVE has a one year low of $2.33 and a one year high of $6.09. The business's 50 day simple moving average is $3.55 and its 200-day simple moving average is $4.06.

Analyst Upgrades and Downgrades

EVEX has been the subject of a number of analyst reports. HC Wainwright restated a "buy" rating and set a $6.00 price target on shares of EVE in a research note on Wednesday, March 12th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $5.00 target price on shares of EVE in a research note on Friday, March 14th.

EVE Company Profile

Eve Holding, Inc is a special purpose acquisition company focused on the aviation sector. The company was founded on 7th August, 2020 and is headquartered in Melbourne, FL.

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