Air France-KLM (AFLYY) Projected to Release Earnings on Thursday

Air France-KLM (OTCMKTS:AFLYY) is projected to issue its resultson Thursday, July 30th. Analysts expect the company to post earnings of $0.05 per share and revenue of $10.5051 billion for the quarter.

Air France-KLM (OTCMKTS:AFLYY) last announced its quarterly earnings results on Thursday, April 30th. The transportation company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.08). The business had revenue of $8.77 billion during the quarter, compared to analyst estimates of $8.77 billion. Air France-KLM had a net margin of 4.77% and a return on equity of 71.16%. On average, analysts expect Air France-KLM to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Air France-KLM Price Performance

Shares of OTCMKTS:AFLYY opened at $1.38 on Wednesday. The firm has a market cap of $3.63 billion, a PE ratio of 2.12, a price-to-earnings-growth ratio of 0.22 and a beta of 1.39. The firm’s fifty day moving average is $1.36 and its 200-day moving average is $1.26. The company has a debt-to-equity ratio of 4.26, a quick ratio of 0.66 and a current ratio of 0.72. Air France-KLM has a 52 week low of $0.99 and a 52 week high of $1.76.

Analyst Ratings Changes

A number of analysts recently weighed in on AFLYY shares. Zacks Research downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Morgan Stanley reaffirmed an “overweight” rating on shares of Air France-KLM in a report on Wednesday, July 8th. Kepler Capital Markets lowered Air France-KLM from a “hold” rating to a “reduce” rating in a research report on Friday, July 17th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Air France-KLM in a research note on Monday, June 22nd. Three investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently 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.