Air France-KLM (OTCMKTS:AFLYY) Announces Quarterly Earnings Results

Air France-KLM (OTCMKTS:AFLYY) issued its quarterly earnings data on Thursday. The transportation company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.05 by $0.02, Zacks reports. Air France-KLM had a return on equity of 45.11% and a net margin of 3.35%.

Air France-KLM Trading Down 0.3%

Air France-KLM stock traded down $0.00 during mid-day trading on Friday, hitting $1.38. The company’s stock had a trading volume of 3,543 shares, compared to its average volume of 47,466. The business has a 50 day moving average price of $1.37 and a 200-day moving average price of $1.26. Air France-KLM has a 12 month low of $0.99 and a 12 month high of $1.76. The stock has a market cap of $3.63 billion, a price-to-earnings ratio of 2.94, a price-to-earnings-growth ratio of 0.22 and a beta of 1.39. The company has a debt-to-equity ratio of 4.26, a current ratio of 0.72 and a quick ratio of 0.66.

Analyst Ratings Changes

Several brokerages have recently commented on AFLYY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Air France-KLM in a report on Monday, June 22nd. Kepler Capital Markets cut shares of Air France-KLM from a “hold” rating to a “reduce” rating in a research report on Friday, July 17th. Zacks Research lowered Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Finally, Morgan Stanley reissued an “overweight” rating on shares of Air France-KLM in a research report on Wednesday, July 8th. Three 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. Based on data from MarketBeat.com, Air France-KLM currently 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.