ANA (OTCMKTS:ALNPY) Posts Earnings Results, Beats Expectations By $0.02 EPS

ANA (OTCMKTS:ALNPY) issued its earnings results on Thursday. The transportation company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.02, Zacks reports. ANA had a return on equity of 13.79% and a net margin of 6.65%.The business had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.06 billion.

ANA Trading Down 3.8%

Shares of ANA stock traded down $0.14 during trading hours on Friday, hitting $3.51. The company’s stock had a trading volume of 10,848 shares, compared to its average volume of 2,866. The company has a market capitalization of $8.18 billion, a PE ratio of 8.36 and a beta of 0.46. ANA has a 1-year low of $3.30 and a 1-year high of $4.48. The business has a fifty day moving average of $3.82 and a 200 day moving average of $3.87. The company has a quick ratio of 1.51, a current ratio of 1.59 and a debt-to-equity ratio of 0.69.

Analyst Ratings Changes

ALNPY has been the subject of several research analyst reports. Smbc Nikko Sec. upgraded ANA to a “hold” rating in a research note on Friday, February 27th. Nomura lowered ANA from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, ANA currently has an average rating of “Hold”.

About ANA

All Nippon Airways Co, Ltd. (OTCMKTS: ALNPY) is a Tokyo-based airline offering passenger and cargo air transportation services. Founded in 1952, the company operates scheduled flights under its ANA brand, providing a network of domestic and international routes. In addition to core flight operations, ANA delivers ancillary services including in-flight catering, ground handling and aircraft maintenance.

ANA’s diversified business model encompasses several subsidiaries such as ANA Wings and Air Japan for regional operations, and ANA Cargo for freight services.