Japan Airlines (OTCMKTS:JAPSY) Announces Quarterly Earnings Results

Japan Airlines (OTCMKTS:JAPSY) issued its quarterly earnings results on Tuesday. The company reported $0.34 earnings per share (EPS) for the quarter, Zacks reports. Japan Airlines had a return on equity of 11.17% and a net margin of 6.48%.

Japan Airlines Price Performance

Shares of Japan Airlines stock opened at $9.50 on Wednesday. The firm has a market cap of $8.29 billion, a PE ratio of 10.00 and a beta of 0.37. The stock has a 50 day moving average of $9.33 and a 200 day moving average of $9.80. The company has a current ratio of 1.46, a quick ratio of 1.40 and a debt-to-equity ratio of 0.60. Japan Airlines has a 12 month low of $7.69 and a 12 month high of $11.00.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Japan Airlines from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy”.

Japan Airlines Company Profile

Japan Airlines (OTCMKTS:JAPSY) is the flag carrier of Japan, providing both scheduled passenger and cargo air transportation services. The company operates a comprehensive network of domestic and international flights, connecting major cities across Asia, Europe, North America and Oceania. In addition to its core passenger services, Japan Airlines offers charter operations, cargo logistics and maintenance support through its technical services division.

The airline’s network is centered on its primary hubs at Tokyo’s Haneda and Narita airports.