Airbus (OTCMKTS:EADSY) Announces Quarterly Earnings Results

Airbus (OTCMKTS:EADSY - Get Free Report) issued its quarterly earnings results on Thursday. The aerospace company reported $0.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.16, Zacks reports. Airbus had a return on equity of 18.14% and a net margin of 4.85%. The firm had revenue of $26.37 billion for the quarter, compared to analysts' expectations of $24.22 billion.

Airbus Price Performance

Shares of OTCMKTS EADSY traded down $1.52 during trading on Friday, hitting $41.72. 421,041 shares of the company were exchanged, compared to its average volume of 288,698. The firm's fifty day moving average price is $41.92 and its 200 day moving average price is $39.04. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.15 and a quick ratio of 0.44. The company has a market cap of $131.99 billion, a price-to-earnings ratio of 37.25, a PEG ratio of 2.70 and a beta of 1.51. Airbus has a 1 year low of $34.10 and a 1 year high of $46.78.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut Airbus from a "buy" rating to a "hold" rating in a research note on Friday.

Airbus Company Profile

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.