Airbus (OTCMKTS:EADSY) Releases Earnings Results

Airbus (OTCMKTS:EADSY) released 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. The business had revenue of $17.22 billion for the quarter, compared to the consensus estimate of $18.46 billion. Airbus had a net margin of 4.64% and a return on equity of 18.64%.

Airbus Price Performance

EADSY traded down $1.86 on Friday, hitting $35.94. 326,386 shares of the company’s stock traded hands, compared to its average volume of 606,453. Airbus has a one year low of $31.87 and a one year high of $46.78. The company has a current ratio of 1.19, a quick ratio of 0.56 and a debt-to-equity ratio of 0.95. The firm has a market cap of $113.90 billion, a price-to-earnings ratio of 35.66, a P/E/G ratio of 1.78 and a beta of 1.55. The company’s 50 day simple moving average is $38.07 and its 200-day simple moving average is $40.90.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft lowered shares of Airbus from a “buy” rating to a “hold” rating in a research note on Tuesday, June 25th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average 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.