Airbus (OTCMKTS:EADSY) Releases Earnings Results, Beats Expectations By $0.16 EPS

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

Airbus Price Performance

EADSY stock traded down $1.52 on Friday, reaching $41.72. 421,041 shares of the company's stock were exchanged, compared to its average volume of 288,698. Airbus has a twelve month low of $34.10 and a twelve month high of $46.78. The company has a quick ratio of 0.44, a current ratio of 1.15 and a debt-to-equity ratio of 0.85. The stock has a fifty day moving average of $41.92 and a 200-day moving average of $39.04. The firm has a market cap of $131.99 billion, a PE ratio of 37.25, a P/E/G ratio of 2.70 and a beta of 1.51.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group cut shares of Airbus from a "buy" rating to a "hold" rating in a report on Friday.

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.