EVE (NYSE:EVEX) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

EVE (NYSE:EVEX) announced its earnings results on Monday. The company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.01, Zacks reports. During the same period last year, the firm earned ($0.11) earnings per share.

EVE Price Performance

EVE stock opened at $2.82 on Wednesday. The company has a current ratio of 3.87, a quick ratio of 3.87 and a debt-to-equity ratio of 0.50. The firm’s 50-day simple moving average is $3.09 and its 200 day simple moving average is $3.74. EVE has a 52 week low of $2.33 and a 52 week high of $7.67.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on EVEX. HC Wainwright assumed coverage on shares of EVE in a research report on Tuesday, September 3rd. They issued a “buy” rating and a $6.00 price objective for the company. Cantor Fitzgerald restated an “overweight” rating and set a $5.00 target price on shares of EVE in a research report on Tuesday.

EVE Company Profile

Eve Holding, Inc, together with its subsidiaries, develops urban air mobility solutions. It is involved in the design and production of electrical vertical take-off and landing vehicles (eVTOLs); provision of eVTOL service and support capabilities, including material services, maintenance, technical support, training, ground handling, and data services; and development of urban air traffic management systems.