Amadeus IT Group (OTCMKTS:AMADY) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPS

Key Points

• Amadeus IT Group reported $0.95 earnings per share for the quarter, which fell short of analysts' expectations of $0.96, alongside revenues of $1.87 billion compared to the projected $1.88 billion.
• The company declared a dividend of $0.7645 per share, significantly up from the previous dividend of $0.37, resulting in a yield of 134.0%.
• Amadeus IT Group's stock traded slightly down to $80.31, with a current market capitalization of $36.18 billion and a price-to-earnings ratio of 24.79.

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.95 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.01), Zacks reports. Amadeus IT Group had a return on equity of 27.73% and a net margin of 21.08%. The firm had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.88 billion.

Amadeus IT Group Price Performance

Shares of AMADY traded up $1.10 during mid-day trading on Wednesday, hitting $82.41. 9,548 shares of the company traded hands, compared to its average volume of 49,316. Amadeus IT Group has a one year low of $61.00 and a one year high of $85.89. The company has a current ratio of 1.19, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. The business has a 50-day moving average of $82.66 and a 200 day moving average of $78.67. The stock has a market capitalization of $37.12 billion, a price-to-earnings ratio of 25.43, a PEG ratio of 2.94 and a beta of 1.16.

Amadeus IT Group Increases Dividend

The business also recently declared a dividend, which was paid on Monday, July 21st. Stockholders of record on Friday, July 4th were paid a dividend of $0.7645 per share. This represents a dividend yield of 134.0%. This is an increase from Amadeus IT Group's previous dividend of $0.37. The ex-dividend date of this dividend was Thursday, July 3rd. Amadeus IT Group's payout ratio is currently 47.84%.

About Amadeus IT Group

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.