Deutsche Lufthansa (DLAKY) to Release Quarterly Earnings on Thursday

Deutsche Lufthansa (OTCMKTS:DLAKY) is anticipated to release its resultson Thursday, July 30th. Analysts expect Deutsche Lufthansa to announce earnings of $0.34 per share and revenue of $12.7619 billion for the quarter.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings data on Wednesday, May 6th. The transportation company reported ($0.64) EPS for the quarter, missing analysts’ consensus estimates of ($0.29) by ($0.35). Deutsche Lufthansa had a net margin of 3.83% and a return on equity of 13.46%. The firm had revenue of $10.28 billion for the quarter, compared to analysts’ expectations of $10.29 billion. On average, analysts expect Deutsche Lufthansa to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Deutsche Lufthansa Stock Up 1.3%

DLAKY stock opened at $10.33 on Wednesday. The company has a market cap of $12.42 billion, a price-to-earnings ratio of 6.89, a P/E/G ratio of 0.62 and a beta of 0.96. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.73 and a current ratio of 0.81. The business’s 50-day moving average is $10.21 and its two-hundred day moving average is $9.84. Deutsche Lufthansa has a fifty-two week low of $7.91 and a fifty-two week high of $11.53.

Analyst Upgrades and Downgrades

DLAKY has been the subject of several research reports. Morgan Stanley lowered shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, May 26th. Zacks Research raised shares of Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Barclays lowered shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Friday, May 8th. Finally, Citigroup cut shares of Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG is a leading global aviation company headquartered in Cologne, Germany, and is recognized as one of the world’s largest airline groups. Founded in its modern form in 1953, the company traces its heritage back to the original Deutsche Luft Hansa established in 1926. Lufthansa operates passenger and cargo services under its flagship brand, as well as through numerous subsidiaries including Swiss International Air Lines, Austrian Airlines, Brussels Airlines and the low-cost carrier Eurowings.

The group’s passenger network spans Europe, the Americas, Asia, Africa and the Middle East, with primary hubs at Frankfurt Airport and Munich Airport.