Air China (AIRYY) Set to Post Quarterly Earnings on Friday

Air China (OTCMKTS:AIRYY) is anticipated to announce its results before the market opens on Friday, October 30th. Analysts expect Air China to announce earnings of ($0.7326) per share and revenue of $7.57 billion for the quarter.

Air China Stock Performance

Shares of AIRYY stock opened at $8.95 on Wednesday. Air China has a 12 month low of $8.60 and a 12 month high of $19.00. The company’s fifty day moving average price is $9.63 and its 200-day moving average price is $12.51.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Air China to a “hold” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat, the stock has an average rating of “Hold”.

Air China Company Profile

Air China Limited is a China-based commercial airline and the country’s national flag carrier. The company provides scheduled passenger air transportation, air cargo services and related aviation services through its principal operating brands, including Air China.

Headquartered in Beijing, Air China serves destinations across mainland China and connects the country with international markets in Asia, Europe, North America, Oceania and other regions. Its operations include domestic and long-haul international flights, as well as services related to freight transportation, aircraft maintenance and airline catering.

Air China was established in 1988 and has developed into one of China’s largest airlines.