International Consolidated Airlines Group (OTCMKTS:ICAGY) Posts Earnings Results

International Consolidated Airlines Group (OTCMKTS:ICAGYGet Free Report) posted its earnings results on Friday. The transportation company reported $1.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.73, Zacks reports. The firm had revenue of $10.15 billion for the quarter, compared to the consensus estimate of $11.11 billion. International Consolidated Airlines Group had a net margin of 10.38% and a return on equity of 100.80%.

International Consolidated Airlines Group Trading Down 1.0%

ICAGY opened at $11.73 on Friday. The stock has a market cap of $25.93 billion, a price-to-earnings ratio of 2.75, a P/E/G ratio of 0.69 and a beta of 1.61. The stock’s 50 day moving average price is $11.92 and its 200-day moving average price is $11.11. International Consolidated Airlines Group has a one year low of $9.10 and a one year high of $13.07. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.66 and a current ratio of 0.70.

International Consolidated Airlines Group Company Profile

(Get Free Report)

International Consolidated Airlines Group (OTCMKTS:ICAGY) is a Europe-focused airline holding company formed in 2011 through the combination of British Airways and Iberia. The group owns and operates a portfolio of passenger carriers that provide short-haul, long-haul and low-cost services, together with associated aviation businesses. Its operations span international and domestic markets, with extensive networks across Europe, transatlantic routes and links to Latin America and other global destinations.

IAG’s principal airline brands include British Airways, Iberia, Aer Lingus, Vueling and LEVEL.

Further Reading

Earnings History for International Consolidated Airlines Group (OTCMKTS:ICAGY)

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