China Eastern Airlines (CHEAF) to Release Earnings on Tuesday

China Eastern Airlines (OTCMKTS:CHEAF) is expected to be releasing its results before the market opens on Tuesday, March 31st. Analysts expect China Eastern Airlines to post earnings of ($0.0057) per share and revenue of $9.8845 billion for the quarter.

China Eastern Airlines Stock Performance

Shares of CHEAF stock opened at $0.58 on Monday. China Eastern Airlines has a 1 year low of $0.33 and a 1 year high of $0.80. The stock has a 50 day simple moving average of $0.71 and a 200 day simple moving average of $0.58.

About China Eastern Airlines

China Eastern Airlines Corporation Limited is one of the three major state-owned airlines in the People’s Republic of China, with its headquarters and primary hubs located in Shanghai. Established in 1988 through the reorganization of the Civil Aviation Administration of China’s regional operations, the company operates under the auspices of China Eastern Air Holding Company, a state-owned enterprise supervised by the State-owned Assets Supervision and Administration Commission. Over the decades, China Eastern has grown into a leading carrier, leveraging Shanghai’s Pudong and Hongqiao airports as central nodes for its expansive route network.

The company’s core business comprises scheduled passenger air transport services, freight and mail delivery, and aircraft maintenance services.