Airbus (OTCMKTS:EADSY) Posts Quarterly Earnings Results, Beats Expectations By $0.04 EPS

Airbus (OTCMKTS:EADSY) issued its quarterly earnings results on Wednesday. The aerospace company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.04, Zacks reports. Airbus had a net margin of 6.92% and a return on equity of 20.90%.

Airbus Price Performance

OTCMKTS EADSY traded down $1.64 on Wednesday, hitting $58.81. The company had a trading volume of 293,699 shares, compared to its average volume of 678,445. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.16 and a quick ratio of 0.50. The company’s fifty day moving average price is $54.16 and its 200-day moving average price is $53.54. The company has a market capitalization of $185.59 billion, a PE ratio of 31.96, a PEG ratio of 2.21 and a beta of 1.08. Airbus has a 12-month low of $45.01 and a 12-month high of $64.35.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. BNP Paribas Exane initiated coverage on shares of Airbus in a report on Monday, April 13th. They issued a “neutral” rating on the stock. Wells Fargo & Company raised Airbus to a “hold” rating in a research note on Tuesday, March 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Airbus in a research report on Wednesday, July 22nd. Zacks Research raised shares of Airbus from a “strong sell” rating to a “hold” rating in a research note on Monday, May 25th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Airbus in a research note on Friday, July 10th. Seven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

About Airbus

Airbus SE is a multinational aerospace and defense company that designs, manufactures and supports a broad range of products and services for civil and military customers worldwide. The company’s activities span commercial aircraft, helicopters, defense and space systems, and a growing portfolio of services that include maintenance, training, digital solutions and aftermarket support. Airbus is organized into major business divisions that reflect these activities and operates an extensive industrial and supplier footprint across multiple countries.

In the commercial aircraft segment Airbus is best known for its A320 family of single-aisle jets and larger widebody models such as the A330 and A350 series, as well as the A380 superjumbo.