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

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

EVE Stock Performance

Shares of EVEX remained flat at $2.89 during midday trading on Thursday. The stock had a trading volume of 93,227 shares, compared to its average volume of 135,044. The firm has a market capitalization of $838.52 million, a P/E ratio of -6.02 and a beta of 0.37. The company has a quick ratio of 3.87, a current ratio of 3.87 and a debt-to-equity ratio of 0.50. EVE has a 1 year low of $2.33 and a 1 year high of $7.67. The business has a 50-day moving average price of $3.09 and a 200-day moving average price of $3.74.

Analyst Ratings Changes

EVEX has been the topic of a number of recent research reports. Cantor Fitzgerald restated an “overweight” rating and issued a $5.00 target price on shares of EVE in a report on Tuesday. HC Wainwright assumed coverage on shares of EVE in a research report on Tuesday, September 3rd. They set a “buy” rating and a $6.00 target price on the stock.

About EVE

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.