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

MTU Aero Engines (OTCMKTS:MTUAY) released its earnings results on Wednesday. The company reported $2.16 earnings per share (EPS) 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 Down 5.1 %

Shares of MTU Aero Engines stock opened at $171.79 on Thursday. The company has a quick ratio of 0.86, a current ratio of 1.18 and a debt-to-equity ratio of 0.57. MTU Aero Engines has a 52-week low of $112.22 and a 52-week high of $182.65. The company has a market capitalization of $18.49 billion, a P/E ratio of 25.97 and a beta of 1.44. The company has a 50 day moving average of $169.89 and a 200 day moving average of $162.21.

Analyst Ratings Changes

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

About MTU Aero Engines

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).