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

MTU Aero Engines (OTCMKTS:MTUAY) issued its quarterly earnings results on Wednesday. The company reported $2.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.04 by $0.12, Zacks reports. MTU Aero Engines had a net margin of 10.16% and a return on equity of 23.13%.

MTU Aero Engines Price Performance

MTUAY stock opened at $181.03 on Wednesday. The firm has a 50 day moving average of $169.85 and a 200-day moving average of $162.14. 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 firm has a market capitalization of $19.49 billion, a P/E ratio of 25.57 and a beta of 1.44. MTU Aero Engines has a 12 month low of $112.22 and a 12 month high of $182.65.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research note 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).