Airbus Q1 Q1 EPS €0.76; Revenue €12.83 Billion Vs €12.87 Billion Est.
Portfolio Pulse from Benzinga Newsdesk
Airbus reported its Q1 earnings per share (EPS) at €0.76, with revenue reaching €12.83 billion, slightly below the estimated €12.87 billion.
April 25, 2024 | 3:49 pm
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Airbus's Q1 earnings show a slight miss on revenue expectations, which could lead to cautious investor sentiment in the short term.
The slight miss in revenue expectations, despite being marginal, can often lead to short-term negative reactions in the stock market as investors adjust their expectations. Given the close watch on major aerospace companies like Airbus, even small deviations from estimates can impact investor sentiment and thus the stock price.
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