Deutsche Lufthansa (OTCMKTS:DLAKY) Releases Earnings Results, Beats Estimates By $0.65 EPS

Deutsche Lufthansa (OTCMKTS:DLAKY) issued its quarterly earnings data on Tuesday. The transportation company reported $1.47 EPS for the quarter, topping the consensus estimate of $0.82 by $0.65, Zacks reports. Deutsche Lufthansa had a return on equity of 5.74% and a net margin of 1.63%.

Deutsche Lufthansa Trading Up 2.9%

Shares of DLAKY stock opened at $8.29 on Tuesday. Deutsche Lufthansa has a 1 year low of $7.82 and a 1 year high of $11.53. The firm has a fifty day moving average price of $8.59 and a 200-day moving average price of $9.50. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.86 and a quick ratio of 0.78. The company has a market cap of $9.97 billion, a price-to-earnings ratio of 11.72, a PEG ratio of 0.55 and a beta of 0.97.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Citigroup cut Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Zacks Research cut Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce”.

About Deutsche Lufthansa

Deutsche Lufthansa AG is a Germany-based aviation group and the parent company of the Lufthansa Group. Its principal business is the transportation of passengers and cargo through a portfolio of airlines serving domestic, European and international markets. The group’s major passenger carriers include Lufthansa, SWISS, Austrian Airlines, Brussels Airlines, Eurowings and Discover Airlines.

In addition to scheduled passenger flights, the Lufthansa Group provides air cargo services through Lufthansa Cargo and aircraft maintenance, repair and overhaul services through Lufthansa Technik.