Airbus SE
AIR: XPAR (FRA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€134.00 | Vwn | Lskjqsfsq |
Airbus Posts Solid Second Quarter as It Prepares to Significantly Ramp Production
Wide-moat-rated Airbus posted continued strong demand for narrowbody aircraft, though supply chain challenges for engines caused the firm to reduce its delivery outlook for the year. Sales of EUR 12.8 billion met FactSet Consensus, but Airbus’ EUR 0.87 of earnings per share, which was impacted by deferred tax asset impairments, missed these estimates by 31.2%.