Air France-KLM (OTCMKTS:AFLYY) Announces Earnings Results, Beats Expectations By $0.02 EPS

Air France-KLM (OTCMKTS:AFLYY) posted its earnings results on Thursday. The transportation company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.05 by $0.02, Zacks reports. Air France-KLM had a net margin of 4.77% and a return on equity of 71.16%.

Air France-KLM Stock Performance

AFLYY traded up $0.06 during midday trading on Thursday, reaching $1.39. The company’s stock had a trading volume of 62,585 shares, compared to its average volume of 114,892. The stock has a market cap of $3.64 billion, a P/E ratio of 2.13, a PEG ratio of 0.22 and a beta of 1.39. The company has a fifty day simple moving average of $1.36 and a 200 day simple moving average of $1.26. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 4.26. Air France-KLM has a twelve month low of $0.99 and a twelve month high of $1.76.

Analysts Set New Price Targets

AFLYY has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Air France-KLM in a research note on Monday, June 22nd. Zacks Research downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Kepler Capital Markets lowered Air France-KLM from a “hold” rating to a “reduce” rating in a report on Friday, July 17th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Air France-KLM in a research report on Wednesday, July 8th. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company 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.