MTU Aero Engines (MTUAY) to Release Quarterly Earnings on Thursday

MTU Aero Engines (OTCMKTS:MTUAY) is projected to announce its earnings results on Thursday, March 6th. Analysts expect the company to announce earnings of $2.04 per share and revenue of $2.13 billion for the quarter.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $2.16 EPS for the quarter, beating the consensus estimate of $2.04 by $0.12. MTU Aero Engines had a net margin of 8.64% and a return on equity of 24.62%. The company had revenue of $2.27 billion during the quarter. On average, analysts expect MTU Aero Engines to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

MTU Aero Engines Price Performance

Shares of MTUAY opened at $181.80 on Tuesday. MTU Aero Engines has a twelve month low of $112.22 and a twelve month high of $183.58. The firm’s fifty day simple moving average is $169.71 and its 200-day simple moving average is $163.74. The firm has a market capitalization of $19.57 billion, a price-to-earnings ratio of 28.77 and a beta of 1.44. The company has a current ratio of 1.18, a quick ratio of 0.86 and a debt-to-equity ratio of 0.57.

Analyst Ratings Changes

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