Air France-KLM (OTCMKTS:AFLYY) Posts Earnings Results, Misses Expectations By $0.05 EPS

Air France-KLM (OTCMKTS:AFLYY) posted its quarterly earnings data on Thursday. The transportation company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.05), Zacks reports. Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%.

Air France-KLM Stock Up 3.7 %

OTCMKTS:AFLYY traded up $0.03 on Thursday, reaching $0.93. 148,984 shares of the company’s stock traded hands, compared to its average volume of 48,597. The firm has a market cap of $2.45 billion, a PE ratio of 2.39 and a beta of 1.61. The stock has a 50-day simple moving average of $0.81 and a 200-day simple moving average of $0.86. Air France-KLM has a 12 month low of $0.70 and a 12 month high of $1.20.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AFLYY shares. Citigroup cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 8th. Barclays cut Air France-KLM from a “hold” rating to a “strong sell” rating in a research note on Wednesday, January 15th. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. According to MarketBeat.com, Air France-KLM currently has a consensus rating of “Hold”.

About Air France-KLM

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.