Amadeus IT Group (AMADY) Expected to Post Earnings on Friday

Key Points

• Amadeus IT Group is expected to report earnings before the market opens Friday, November 6. Analysts forecast quarterly EPS of $1.06 and revenue of $1.96 billion.
• The company exceeded expectations in its previous quarter, reporting $1.03 EPS versus the $1.01 consensus and revenue of $1.92 billion versus $1.89 billion expected.
• Shares opened at $63.90, with a $27.58 billion market capitalization and a 12-month range of $54.60 to $79.08. Analyst sentiment is mixed, resulting in a consensus “Hold” rating.

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) is expected to be announcing its results before the market opens on Friday, November 6th. Analysts expect Amadeus IT Group to post earnings of $1.06 per share and revenue of $1.96 billion for the quarter.

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.01 by $0.02. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.89 billion. Amadeus IT Group had a return on equity of 29.84% and a net margin of 19.86%. On average, analysts expect Amadeus IT Group to post $3.87 EPS for the current fiscal year and $4.28 EPS for the next fiscal year.

Amadeus IT Group Stock Performance

AMADY stock opened at $63.90 on Friday. The business has a 50 day moving average of $62.74 and a 200-day moving average of $61.34. The firm has a market cap of $27.58 billion, a PE ratio of 18.10, a P/E/G ratio of 3.23 and a beta of 0.92. Amadeus IT Group has a 12-month low of $54.60 and a 12-month high of $79.08. The company has a quick ratio of 0.74, a current ratio of 0.74 and a debt-to-equity ratio of 0.55.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Zacks Research cut Amadeus IT Group from a "hold" rating to a "strong sell" rating in a research note on Wednesday, October 21st. Jefferies Financial Group reissued a "buy" rating on shares of Amadeus IT Group in a report on Sunday, August 2nd. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Amadeus IT Group to a "buy" rating in a research report on Wednesday, September 16th. Four equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold".

Amadeus IT Group Company Profile

Amadeus IT Group SA is a Spain-based travel technology company that provides software, data, and transaction-processing solutions for the global travel industry. Its services support airlines, travel agencies, hotels, airports, rail operators, tour operators, and other travel businesses throughout the booking and travel lifecycle.

The company operates the Amadeus Global Distribution System, which connects travel providers with travel agencies and other sellers, enabling the search, comparison, and booking of travel products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.