Air France-KLM (OTCMKTS:AFLYY) Posts Earnings Results, Beats Expectations By $0.19 EPS

Air France-KLM (OTCMKTS:AFLYY) issued its earnings results on Thursday. The transportation company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.04 by $0.19, Zacks reports. Air France-KLM had a return on equity of 82.86% and a net margin of 3.21%.

Air France-KLM Price Performance

OTCMKTS:AFLYY traded up $0.17 during mid-day trading on Thursday, reaching $1.50. The stock had a trading volume of 340,312 shares, compared to its average volume of 53,552. The company has a debt-to-equity ratio of 5.64, a quick ratio of 0.60 and a current ratio of 0.65. The stock has a market capitalization of $3.94 billion, a P/E ratio of 3.75, a P/E/G ratio of 0.09 and a beta of 1.28. The firm has a 50 day moving average price of $1.29 and a two-hundred day moving average price of $1.35. Air France-KLM has a one year low of $0.75 and a one year high of $1.76.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on AFLYY shares. Barclays cut Air France-KLM from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, January 14th. JPMorgan Chase & Co. raised shares of Air France-KLM from a “neutral” rating to an “overweight” rating in a report on Monday, December 1st. Citigroup reiterated a “neutral” rating on shares of Air France-KLM in a research note on Thursday, December 11th. Oddo Bhf upgraded shares of Air France-KLM from a “neutral” rating to an “outperform” rating in a research report on Friday, February 6th. Finally, Royal Bank Of Canada initiated coverage on Air France-KLM in a research report on Tuesday, January 20th. They issued a “hold” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, 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.