Amadeus IT Group (OTCMKTS:AMADY) Issues Earnings Results

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) released its earnings results on Thursday. The company reported $0.95 earnings per share for the quarter, missing analysts' consensus estimates of $0.96 by ($0.01), Zacks reports. The firm had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.88 billion. Amadeus IT Group had a net margin of 21.08% and a return on equity of 27.73%.

Amadeus IT Group Trading Down 0.1%

OTCMKTS:AMADY traded down $0.06 on Friday, reaching $80.31. 46,619 shares of the stock traded hands, compared to its average volume of 28,993. The firm has a market capitalization of $36.18 billion, a price-to-earnings ratio of 24.79, a price-to-earnings-growth ratio of 2.90 and a beta of 1.16. 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 company's 50 day moving average is $82.72 and its 200-day moving average is $78.44. Amadeus IT Group has a 1-year low of $60.39 and a 1-year high of $85.89.

Amadeus IT Group Increases Dividend

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

Amadeus IT Group Company Profile

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.

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