Japan Airlines (OTCMKTS:JAPSY) Posts Earnings Results

Key Points

• Japan Airlines reported quarterly earnings of $0.21 earnings per share with a return on equity of 11.41% and a net margin of 6.04%.
• Despite the earnings announcement, Japan Airlines stock traded down 0.7%, hitting $9.72 during mid-day trading.
• The company operates in various regions, offering a range of services including passenger transport, ground handling, and cargo services.

Japan Airlines (OTCMKTS:JAPSY - Get Free Report) released its quarterly earnings results on Wednesday. The company reported $0.21 earnings per share (EPS) for the quarter, Zacks reports. Japan Airlines had a net margin of 6.35% and a return on equity of 12.28%. The company had revenue of $3.26 billion during the quarter, compared to analysts' expectations of $3.20 billion.

Japan Airlines Stock Performance

Shares of JAPSY traded up $0.19 during trading hours on Friday, reaching $10.10. 14,693 shares of the company traded hands, compared to its average volume of 22,078. The stock's fifty day moving average is $9.96 and its 200 day moving average is $9.13. The stock has a market cap of $8.82 billion, a P/E ratio of 10.98 and a beta of 0.56. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.25 and a current ratio of 1.31. Japan Airlines has a 1-year low of $7.27 and a 1-year high of $10.44.

Japan Airlines Company Profile

Japan Airlines Co, Ltd., together with its subsidiaries, provides scheduled and non-scheduled air transport services in Japan, Asia, Oceania, North America, and Europe. The company operates through Air Transportation and Other segments. It offers passenger, ground handling, cargo and mail handling, and maintenance services.