Deutsche Lufthansa (OTCMKTS:DLAKY) Posts Earnings Results, Beats Expectations By $0.07 EPS

Deutsche Lufthansa (OTCMKTS:DLAKY) issued its quarterly earnings data on Tuesday. The transportation company reported ($0.66) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.73) by $0.07, reports. Deutsche Lufthansa had a return on equity of 22.19% and a net margin of 4.76%. The company had revenue of $8.03 billion during the quarter.

Deutsche Lufthansa Price Performance

Shares of OTCMKTS DLAKY traded up $0.08 during midday trading on Thursday, reaching $7.31. The company’s stock had a trading volume of 19,130 shares, compared to its average volume of 50,727. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.80 and a current ratio of 0.85. Deutsche Lufthansa has a fifty-two week low of $6.70 and a fifty-two week high of $10.78. The business’s 50 day moving average price is $7.51 and its two-hundred day moving average price is $8.00. The company has a market cap of $8.74 billion, a P/E ratio of 4.28, a P/E/G ratio of 1.39 and a beta of 1.24.

Deutsche Lufthansa Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 20th. Stockholders of record on Thursday, May 9th will be given a $0.2193 dividend. The ex-dividend date of this dividend is Wednesday, May 8th.

Wall Street Analyst Weigh In

DLAKY has been the subject of a number of research analyst reports. Barclays restated an “equal weight” rating on shares of Deutsche Lufthansa in a report on Monday, February 26th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Deutsche Lufthansa in a research report on Wednesday, March 27th.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.