Air France-KLM (OTCMKTS:AFLYY) Announces Quarterly Earnings Results, Misses Expectations By $0.08 EPS

Air France-KLM (OTCMKTS:AFLYY) released its quarterly earnings results on Thursday. The transportation company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.08), Zacks reports. Air France-KLM had a net margin of 5.00% and a return on equity of 100.70%.

Air France-KLM Trading Up 2.4%

AFLYY stock traded up $0.03 during midday trading on Friday, reaching $1.08. The company’s stock had a trading volume of 27,144 shares, compared to its average volume of 139,475. The company has a debt-to-equity ratio of 5.39, a quick ratio of 0.56 and a current ratio of 0.62. The stock has a fifty day simple moving average of $1.16 and a two-hundred day simple moving average of $1.23. Air France-KLM has a 1 year low of $0.85 and a 1 year high of $1.76. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 1.63, a PEG ratio of 0.15 and a beta of 1.36.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Zacks Research downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Barclays upgraded Air France-KLM from an “underweight” rating to an “equal weight” rating in a research note on Monday, March 9th. Citigroup restated a “neutral” rating on shares of Air France-KLM in a research note on Friday, February 20th. Oddo Bhf upgraded Air France-KLM from a “neutral” rating to an “outperform” rating in a research note on Friday, February 6th. Finally, Royal Bank Of Canada began coverage on Air France-KLM in a research note on Tuesday, January 20th. They set a “hold” rating for the company. Two analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Air France-KLM has an average rating of “Hold”.

Air France-KLM Company Profile

Air France-KLM is a leading European airline group formed in 2004 through the merger of France’s flagship carrier Air France and the Netherlands’ national airline KLM Royal Dutch Airlines. Headquartered in Paris and Amstelveen, the group provides passenger, cargo and maintenance services across a global network, connecting major hubs in Europe, North America, Asia, Africa and Latin America.

The company’s primary business activities include scheduled passenger transport on short, medium and long-haul routes; air freight operations under Air France-KLM Cargo; and technical support and maintenance services through AFI KLM E&M.