Deutsche Lufthansa (DLAKY) Projected to Post Earnings on Thursday

Key Points

• Deutsche Lufthansa is expected to report earnings before Thursday’s market open, with analysts projecting $0.825 in earnings per share and $13.83 billion in revenue.
• The airline previously reported $0.13 EPS, missing the $0.34 consensus estimate, although quarterly revenue of $12.84 billion exceeded expectations.
• Shares were down 1.1% at $8.18, while analyst sentiment remained negative: five analysts rated the stock Sell, contributing to a consensus “Reduce” rating.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) is expected to be issuing its results before the market opens on Thursday, October 29th. Analysts expect Deutsche Lufthansa to post earnings of $0.8250 per share and revenue of $13.83 billion for the quarter.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The transportation company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.21). Deutsche Lufthansa had a net margin of 1.63% and a return on equity of 5.74%. The firm had revenue of $12.84 billion during the quarter, compared to the consensus estimate of $12.76 billion. On average, analysts expect Deutsche Lufthansa to post $0.93 EPS for the current fiscal year and $1.24 EPS for the next fiscal year.

Deutsche Lufthansa Stock Down 1.1%

Shares of Deutsche Lufthansa stock opened at $8.18 on Thursday. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.86 and a quick ratio of 0.78. Deutsche Lufthansa has a 1 year low of $7.84 and a 1 year high of $11.53. The firm's 50-day moving average is $8.77 and its two-hundred day moving average is $9.44. The stock has a market cap of $9.83 billion, a price-to-earnings ratio of 12.16, a PEG ratio of 0.57 and a beta of 0.97.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on DLAKY. Zacks Research cut shares of Deutsche Lufthansa from a "hold" rating to a "strong sell" rating in a research report on Tuesday, September 1st. Citigroup lowered shares of Deutsche Lufthansa from a "hold" rating to a "strong sell" rating in a report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and five have issued a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Reduce".

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG is a Germany-based aviation group and the parent company of the Lufthansa Group. Its principal business is the transportation of passengers and cargo through a portfolio of airlines serving domestic, European and international markets. The group's major passenger carriers include Lufthansa, SWISS, Austrian Airlines, Brussels Airlines, Eurowings and Discover Airlines.

In addition to scheduled passenger flights, the Lufthansa Group provides air cargo services through Lufthansa Cargo and aircraft maintenance, repair and overhaul services through Lufthansa Technik.

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