MTU Aero Engines (OTCMKTS:MTUAY) Announces Quarterly Earnings Results, Beats Estimates By $0.12 EPS

MTU Aero Engines (OTCMKTS:MTUAY) issued its quarterly earnings data on Wednesday. The company reported $2.16 EPS for the quarter, beating the consensus estimate of $2.04 by $0.12, Zacks reports. The company had revenue of $2.27 billion during the quarter. MTU Aero Engines had a net margin of 8.64% and a return on equity of 24.62%.

MTU Aero Engines Price Performance

MTUAY stock opened at $164.58 on Friday. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 0.86. MTU Aero Engines has a one year low of $112.22 and a one year high of $182.65. The stock has a market cap of $17.72 billion, a PE ratio of 22.63 and a beta of 1.44. The firm has a 50 day simple moving average of $169.79 and a two-hundred day simple moving average of $162.23.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th.

MTU Aero Engines Company Profile

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).