MTU Aero Engines (OTCMKTS:MTUAY) Releases Quarterly Earnings Results, Beats Estimates By $0.12 EPS

MTU Aero Engines (OTCMKTS:MTUAYGet Free Report) announced its quarterly earnings data on Wednesday. The company reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.12, Zacks reports. MTU Aero Engines had a return on equity of 23.13% and a net margin of 10.16%.

MTU Aero Engines Stock Performance

OTCMKTS MTUAY opened at $181.03 on Wednesday. The company has a 50-day simple moving average of $169.85 and a two-hundred day simple moving average of $162.14. MTU Aero Engines has a 12-month low of $112.22 and a 12-month high of $182.65. The firm has a market cap of $19.49 billion, a price-to-earnings ratio of 25.57 and a beta of 1.44. The company has a quick ratio of 0.86, a current ratio of 1.18 and a debt-to-equity ratio of 0.57.

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 research note on Monday, November 11th.

Read Our Latest Stock Analysis on MTU Aero Engines

MTU Aero Engines Company Profile

(Get Free Report)

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).

Further Reading

Earnings History for MTU Aero Engines (OTCMKTS:MTUAY)

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