Airbus (EADSY) to Release Earnings on Wednesday

Airbus (OTCMKTS:EADSY) will likely be releasing its results before the market opens on Wednesday, October 29th. Analysts expect Airbus to post earnings of $0.36 per share and revenue of $17.1194 billion for the quarter.

Airbus (OTCMKTS:EADSY) last announced its earnings results on Wednesday, July 30th. The aerospace company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.15). The firm had revenue of $18.45 billion for the quarter, compared to analyst estimates of $15.72 billion. Airbus had a return on equity of 24.38% and a net margin of 7.01%. On average, analysts expect Airbus to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Airbus Trading Up 0.3%

Shares of Airbus stock opened at $60.50 on Monday. The stock has a market capitalization of $191.40 billion, a P/E ratio of 35.80, a price-to-earnings-growth ratio of 1.73 and a beta of 1.29. The company has a quick ratio of 0.50, a current ratio of 1.17 and a debt-to-equity ratio of 0.75. The company has a 50-day simple moving average of $56.48 and a 200 day simple moving average of $50.62. Airbus has a 12-month low of $35.52 and a 12-month high of $60.52.

Analyst Ratings Changes

EADSY has been the subject of a number of recent analyst reports. Zacks Research upgraded shares of Airbus to a “hold” rating in a research report on Tuesday, August 12th. UBS Group upgraded shares of Airbus from a “neutral” rating to a “buy” rating in a research report on Thursday, September 4th. Royal Bank Of Canada reissued an “outperform” rating on shares of Airbus in a research note on Monday, September 15th. Finally, The Goldman Sachs Group initiated coverage on Airbus in a research report on Friday, September 19th. They issued a “buy” rating for the company. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Airbus has an average rating of “Moderate Buy”.

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.