Air France-KLM (OTCMKTS:AFLYY) Releases Earnings Results, Beats Expectations By $0.02 EPS

Air France-KLM (OTCMKTS:AFLYY) issued its quarterly earnings data on Thursday. The transportation company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.05 by $0.02, Zacks reports. Air France-KLM had a net margin of 4.77% and a return on equity of 71.16%.

Air France-KLM Stock Down 1.1%

AFLYY traded down $0.01 on Friday, reaching $1.37. 1,158 shares of the company traded hands, compared to its average volume of 114,137. The company has a market cap of $3.60 billion, a price-to-earnings ratio of 2.11, a PEG ratio of 0.21 and a beta of 1.39. The company has a debt-to-equity ratio of 4.26, a current ratio of 0.72 and a quick ratio of 0.66. The stock’s 50 day moving average price is $1.37 and its 200-day moving average price is $1.26. Air France-KLM has a 52-week low of $0.99 and a 52-week high of $1.76.

Wall Street Analyst Weigh In

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

About Air France-KLM

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.