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

Air France-KLM (OTCMKTS:AFLYY) issued its quarterly earnings results on Thursday. The transportation company reported $0.07 EPS for the quarter, topping 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 Trading Up 3.0%

OTCMKTS:AFLYY traded up $0.04 during midday trading on Thursday, reaching $1.37. 59,116 shares of the stock traded hands, compared to its average volume of 114,868. The company has a debt-to-equity ratio of 4.26, a quick ratio of 0.66 and a current ratio of 0.72. The stock has a market capitalization of $3.60 billion, a P/E ratio of 2.11, a PEG ratio of 0.22 and a beta of 1.39. Air France-KLM has a 12 month low of $0.99 and a 12 month high of $1.76. The company has a fifty day moving average of $1.36 and a 200 day moving average of $1.26.

Analysts Set New Price Targets

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