International Consolidated Airlines Group (OTCMKTS:ICAGY) Posts Earnings Results, Misses Expectations By $0.05 EPS

International Consolidated Airlines Group (OTCMKTS:ICAGY) released its earnings results on Friday. The transportation company reported $0.62 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.05), Zacks reports. International Consolidated Airlines Group had a net margin of 9.21% and a return on equity of 79.81%.

International Consolidated Airlines Group Trading Up 0.6%

Shares of International Consolidated Airlines Group stock traded up $0.07 on Friday, reaching $11.67. 117,170 shares of the company were exchanged, compared to its average volume of 98,349. The stock has a fifty day moving average price of $11.32 and a 200-day moving average price of $11.22. The firm has a market capitalization of $25.47 billion, a price-to-earnings ratio of 3.05, a price-to-earnings-growth ratio of 1.04 and a beta of 1.83. The company has a current ratio of 0.77, a quick ratio of 0.73 and a debt-to-equity ratio of 1.38. International Consolidated Airlines Group has a fifty-two week low of $9.10 and a fifty-two week high of $13.07.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered shares of International Consolidated Airlines Group from a “hold” rating to a “strong sell” rating in a research report on Friday, October 9th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold”.

About International Consolidated Airlines Group

International Consolidated Airlines Group SA (OTCMKTS:ICAGY), commonly known as IAG, is an international airline holding company formed in 2011 through the merger of British Airways and Iberia. Headquartered in London and Madrid, IAG manages a portfolio of airline brands that operate under distinct identities while benefiting from shared resources and group-wide capabilities.

IAG’s principal airlines include British Airways, Iberia, Aer Lingus, Vueling and LEVEL. These carriers provide scheduled passenger air services across short-haul and long-haul markets, serving destinations throughout Europe, North America, Latin America, Asia, Africa and the Middle East.