International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) is projected to post its quarterly earnings results before the market opens on Friday, August 1st. Analysts expect International Consolidated Airlines Group to post earnings of $0.50 per share and revenue of $8.77 billion for the quarter.
International Consolidated Airlines Group (OTCMKTS:ICAGY - Get Free Report) last released its quarterly earnings data on Friday, May 9th. The transportation company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.06. The business had revenue of $7.41 billion during the quarter, compared to analysts' expectations of $6.85 billion. International Consolidated Airlines Group had a net margin of 8.98% and a return on equity of 115.72%. On average, analysts expect International Consolidated Airlines Group to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
International Consolidated Airlines Group Stock Down 2.2%
Shares of International Consolidated Airlines Group stock traded down $0.23 during trading on Monday, hitting $9.82. 103,230 shares of the stock were exchanged, compared to its average volume of 73,635. The stock has a market cap of $22.93 billion, a price-to-earnings ratio of 3.46, a price-to-earnings-growth ratio of 0.86 and a beta of 2.12. The firm's 50-day moving average price is $9.27 and its 200 day moving average price is $8.21. International Consolidated Airlines Group has a 12-month low of $4.04 and a 12-month high of $10.34. The company has a debt-to-equity ratio of 2.25, a current ratio of 0.78 and a quick ratio of 0.75.
Analyst Ratings Changes
Separately, Sanford C. Bernstein upgraded shares of International Consolidated Airlines Group from a "market perform" rating to an "outperform" rating in a research note on Thursday, June 26th.
Check Out Our Latest Stock Analysis on ICAGY
About International Consolidated Airlines Group
(
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International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.
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