ANA (OTCMKTS:ALNPY) Posts Earnings Results, Beats Expectations By $0.01 EPS

ANA (OTCMKTS:ALNPY) announced its earnings results on Wednesday. The transportation company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01, Zacks reports. ANA had a return on equity of 13.20% and a net margin of 6.65%.

ANA Stock Performance

Shares of OTCMKTS:ALNPY remained flat at $3.88 during trading hours on Wednesday. 6,697 shares of the company’s stock were exchanged, compared to its average volume of 1,210. The company has a quick ratio of 1.46, a current ratio of 1.54 and a debt-to-equity ratio of 0.65. ANA has a 52 week low of $3.30 and a 52 week high of $4.48. The business’s 50-day moving average is $3.67 and its 200 day moving average is $3.80. The stock has a market cap of $9.05 billion, a PE ratio of 8.82 and a beta of 0.47.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the stock. Nomura upgraded shares of ANA from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. Zacks Research raised shares of ANA to a “hold” rating in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

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.