EVE (NYSE:EVEX) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

EVE (NYSE:EVEX) announced its quarterly earnings results on Tuesday. The company reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.15) by $0.01, Zacks reports.

EVE Stock Down 8.2 %

EVE stock opened at $3.63 on Tuesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 5.21 and a quick ratio of 5.21. The stock has a market capitalization of $1.08 billion, a PE ratio of -7.55 and a beta of 0.45. The business has a 50 day simple moving average of $4.70 and a 200-day simple moving average of $3.91. EVE has a 12 month low of $2.33 and a 12 month high of $6.09.

Analyst Ratings Changes

A number of brokerages have recently commented on EVEX. TD Cowen raised shares of EVE to a “hold” rating in a research note on Thursday, December 19th. Canaccord Genuity Group raised their price target on shares of EVE from $6.75 to $7.00 and gave the company a “buy” rating in a research report on Monday, December 2nd.

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.