Previous close | 161.76 |
Open | 161.64 |
Bid | 0.00 x 400000 |
Ask | 0.00 x 400000 |
Day's range | 154.20 - 161.94 |
52-week range | 120.24 - 172.68 |
Volume | |
Avg. volume | 1,085 |
Market cap | 123.504B |
Beta (5Y monthly) | 1.54 |
PE ratio (TTM) | 32.41 |
EPS (TTM) | 4.80 |
Earnings date | N/A |
Forward dividend & yield | 1.80 (1.11%) |
Ex-dividend date | 19 Apr 2024 |
1y target est | 105.00 |
Airbus reported higher first-quarter profit and revenue, but results came in below what Wall Street was expecting. Airbus reported results just before noon ET Thursday in the U.S., after the European markets had closed for the day. France-based Airbus is still trouncing its U.S. rival on pure metrics so far this year.
US stock markets plunged amid fears of stagflation in the American economy, which grew at its slowest pace in nearly two years just as inflation jumped.
Airbus posted weaker-than-expected first-quarter operating profit and cashflow as it hires more staff to prepare for rising demand, but reaffirmed its financial goals for 2024 despite a nervous start to the year on industrial costs. The world's largest planemaker also announced a higher output target for its wide-body A350 model, of 12 a month in 2028, amid a renaissance in demand for long-haul jets. Airbus first-quarter orders were the second highest for that period, according to Agency Partners analyst Sash Tusa.