Air France-KLM (AFLYY) Projected to Release Earnings on Thursday

Air France-KLM (OTCMKTS:AFLYY) is anticipated to post its resultson Thursday, July 30th. Analysts expect Air France-KLM to announce earnings of $0.05 per share and revenue of $10.5118 billion for the quarter.

Air France-KLM (OTCMKTS:AFLYY) last issued its earnings results on Thursday, April 30th. The transportation company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.08). The firm had revenue of $8.77 billion during the quarter, compared to the consensus estimate of $8.77 billion. Air France-KLM had a return on equity of 71.16% and a net margin of 4.77%. On average, analysts expect Air France-KLM to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Air France-KLM Price Performance

OTCMKTS:AFLYY opened at $1.36 on Tuesday. The business’s 50-day moving average is $1.36 and its 200 day moving average is $1.26. Air France-KLM has a 12 month low of $0.99 and a 12 month high of $1.76. The company has a market capitalization of $3.57 billion, a P/E ratio of 2.09, a P/E/G ratio of 0.21 and a beta of 1.39. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 4.26.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Kepler Capital Markets downgraded Air France-KLM from a “hold” rating to a “reduce” rating in a research note on Friday, July 17th. Zacks Research downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Air France-KLM in a report on Monday, June 22nd. Finally, Morgan Stanley restated an “overweight” rating on shares of Air France-KLM in a research report on Wednesday, July 8th. Three investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

About Air France-KLM

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.