MTU Aero Engines (OTCMKTS:MTUAY) Announces Quarterly Earnings Results

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported $2.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.04 by $0.12, Zacks reports. The firm had revenue of $2.27 billion during the quarter. MTU Aero Engines had a net margin of 8.64% and a return on equity of 24.62%.

MTU Aero Engines Price Performance

Shares of OTCMKTS:MTUAY traded down $4.71 during midday trading on Friday, reaching $159.87. 5,363 shares of the company were exchanged, compared to its average volume of 7,905. The company has a current ratio of 1.18, a quick ratio of 0.86 and a debt-to-equity ratio of 0.57. The business's fifty day moving average is $169.59 and its two-hundred day moving average is $162.52. MTU Aero Engines has a one year low of $112.22 and a one year high of $182.65. The stock has a market cap of $17.21 billion, a PE ratio of 25.30 and a beta of 1.44.

Wall Street Analysts Forecast Growth

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

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).