XTRA:MTXAerospace & Defense
MTU Aero Engines (XTRA:MTX) Earnings Beat and Rising Margins Reinforce Bullish Narratives
MTU Aero Engines (XTRA:MTX) has reported impressive earnings momentum, with profits rising at an average annual rate of 20.8% over the past five years and the company recently turning profitable as net profit margins improved. Looking ahead, analysts forecast earnings to grow by 9.8% per year and revenue by 9.3% annually, both outpacing the broader German market’s revenue growth expectation of 6%, though falling short of what is considered significant annual profit expansion. With the stock...