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

EVE logo with Aerospace background
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EVE (NYSE:EVEX - Get Free Report) released its quarterly earnings results on Tuesday. The company reported ($0.14) earnings per share for the quarter, beating analysts' consensus estimates of ($0.15) by $0.01, Zacks reports.

EVE Price Performance

EVEX opened at $3.63 on Tuesday. The firm has a market cap of $1.08 billion, a P/E ratio of -7.55 and a beta of 0.45. The company has a debt-to-equity ratio of 0.42, a quick ratio of 5.21 and a current ratio of 5.21. EVE has a fifty-two week low of $2.33 and a fifty-two week high of $6.09. The firm has a 50-day moving average of $4.70 and a 200 day moving average of $3.91.

Analyst Upgrades and Downgrades

EVEX has been the subject of several analyst reports. Canaccord Genuity Group increased their price objective on shares of EVE from $6.75 to $7.00 and gave the company a "buy" rating in a research note on Monday, December 2nd. TD Cowen raised EVE to a "hold" rating in a research report on Thursday, December 19th.

Check Out Our Latest Research Report on EVEX

EVE Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for EVE (NYSE:EVEX)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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