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

Japan Airlines Stock Performance

Shares of OTCMKTS:JAPSY traded up $0.14 during trading on Friday, reaching $10.05. 4,772 shares of the stock were exchanged, compared to its average volume of 40,510. Japan Airlines has a 12 month low of $7.27 and a 12 month high of $10.44. The firm has a market cap of $8.77 billion, a PE ratio of 10.92 and a beta of 0.52. The stock has a 50-day moving average price of $9.94 and a 200-day moving average price of $9.09. The company has a current ratio of 1.31, a quick ratio of 1.25 and a debt-to-equity ratio of 0.79.

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.