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

Key Points

• Air France-KLM reported quarterly earnings of $0.25 per share, exceeding analyst expectations of $0.18, with revenues of $9.66 billion surpassing estimates of $8.44 billion.
• The company has a high return on equity of 137.95% and a net margin of 3.30%, indicating strong profitability.
• Analyst ratings for the stock show mixed sentiments, with two sell ratings, four hold ratings, and one strong buy rating, resulting in a consensus rating of "Hold."

Air France-KLM (OTCMKTS:AFLYY - Get Free Report) announced its quarterly earnings results on Thursday. The transportation company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.07, Zacks reports. The business had revenue of $9.66 billion for the quarter, compared to analyst estimates of $8.44 billion. Air France-KLM had a return on equity of 137.95% and a net margin of 3.30%.

Air France-KLM Stock Performance

Shares of AFLYY traded down $0.02 on Friday, reaching $1.25. 291,598 shares of the company's stock traded hands, compared to its average volume of 178,239. The company has a current ratio of 0.61, a quick ratio of 0.56 and a debt-to-equity ratio of 18.28. The stock has a market cap of $3.28 billion, a PE ratio of 2.98, a PEG ratio of 0.13 and a beta of 1.92. The stock's 50 day simple moving average is $1.16 and its two-hundred day simple moving average is $0.97. Air France-KLM has a 52-week low of $0.70 and a 52-week high of $1.37.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Air France-KLM in a report on Friday, July 4th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company 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.

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