MTU Aero Engines (MTUAY) Expected to Announce Earnings on Thursday

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) is anticipated to issue its quarterly earnings data on Thursday, March 6th. Analysts expect the company to announce earnings of $2.04 per share and revenue of $2.13 billion for the quarter.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last issued its earnings results on Wednesday, February 19th. The company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.12. The business had revenue of $2.27 billion during the quarter. MTU Aero Engines had a return on equity of 24.62% and a net margin of 8.64%. On average, analysts expect MTU Aero Engines to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

MTU Aero Engines Stock Up 3.6 %

MTU Aero Engines stock traded up $5.99 during mid-day trading on Friday, reaching $173.61. 12,437 shares of the company were exchanged, compared to its average volume of 8,106. The firm has a market cap of $18.69 billion, a P/E ratio of 27.47 and a beta of 1.44. The business has a fifty day moving average of $169.38 and a 200 day moving average of $163.37. MTU Aero Engines has a 12-month low of $112.22 and a 12-month high of $182.65. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.86 and a current ratio of 1.18.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of MTU Aero Engines from a "hold" rating to a "strong-buy" rating in a report on Monday, November 11th.

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MTU Aero Engines Company Profile

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).