Airbus Group SE Earnings: 2Q Adjusted EBIT Beats Estimates with Net Income of EU1.06 Billion

• Airbus reported a second quarter (2Q) adjusted Ebit of EU1.85 billion, beating analyst estimates of EU1.75 billion.
• Revenue for the quarter was EU15.90 billion, slightly higher than the expected EU15.75 billion.
• The Commercial Airplanes segment had revenue of EU12.24 billion, versus the expected EU11.53 billion.
• The Defense & Space segment had revenue of EU2.35 billion, lower than the expected EU2.66 billion.
• The Helicopters segment had revenue of EU1.60 billion, above the expected EU1.51 billion.
• Net income in the quarter was EU1.06 billion, lower than the expected EU1.26 billion.
• For the first half of the year, Airbus delivered 316 commercial aircraft.
• Adjusted Ebit for the first half of the year was EU2.62 billion, slightly higher than the expected EU2.47 billion.
• Revenue for the first half of the year was EU27.66 billion, lower than the expected EU27.91 billion.
• Net income for the first half of the year was EU1.53 billion, lower than the expected EU1.60 billion.
• Adjusted free cash flow for the first half of the year was EU1.57 billion, higher than the expected EU1.15 billion.
• Earnings per share for the first half of the year was EU1.94, lower than the expected EU2.04.
• Ebit for the first half of the year was EU1.89 billion.
• There were 18 buys, 6 holds, and 2 sells on the stock.

A look at Airbus Group SE Smart Scores

Airbus Group SE is a major player in the aerospace industry, producing commercial aircraft, military fighter aircraft, helicopters, missiles, satellites, and telecommunications and defense systems. The company is well-positioned for long-term success, as evidenced by its Smartkarma Smart Scores. The company has a strong outlook in terms of value, growth, resilience, and momentum, scoring 2, 5, 5, and 4 respectively. This indicates that the company is in a strong position to continue to grow in the years to come.

The company’s growth prospects are particularly strong, as evidenced by its 5 score in this area. This means that the company is well-positioned to continue to expand its operations and increase its market share in the years to come. Additionally, its resilience score of 5 indicates that it is well-positioned to weather any potential economic downturns or other external factors that may affect the industry. Taken together, these scores indicate that Airbus Group SE is in a strong position for long-term success.

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