Airbus (OTCMKTS:EADSY) Releases Earnings Results, Misses Estimates By $0.27 EPS

Airbus (OTCMKTS:EADSY) announced its quarterly earnings results on Tuesday. The aerospace company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.27), reports. Airbus had a net margin of 4.64% and a return on equity of 18.64%. The firm had revenue of $17.22 billion during the quarter, compared to the consensus estimate of $18.46 billion.

Airbus Stock Down 4.9 %

EADSY stock traded down $1.86 during mid-day trading on Thursday, reaching $35.94. 326,386 shares of the company traded hands, compared to its average volume of 359,861. The stock has a market cap of $113.90 billion, a price-to-earnings ratio of 28.21, a P/E/G ratio of 1.72 and a beta of 1.55. The company has a quick ratio of 0.56, a current ratio of 1.19 and a debt-to-equity ratio of 0.95. Airbus has a fifty-two week low of $31.87 and a fifty-two week high of $46.78. The firm’s 50 day moving average price is $38.21 and its 200 day moving average price is $40.94.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft lowered Airbus from a “buy” rating to a “hold” rating in a research report on Tuesday, June 25th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Airbus has a consensus rating of “Moderate Buy”.

About Airbus

Airbus SE, together with its subsidiaries, engages in the design, manufacture, and delivery of aerospace products, services, and solutions worldwide. It operates through three segments: Airbus, Airbus Helicopters, and Airbus Defence and Space. The Airbus segment develops, manufactures, markets, and sells commercial jet passenger aircraft, freighter aircraft, regional turboprop aircraft, and aircraft components, as well as provides aircraft conversion and related services.