Air France-KLM (OTCMKTS:AFLYY) Issues Earnings Results, Misses Estimates By $0.05 EPS

Air France-KLM (OTCMKTS:AFLYY) posted its quarterly earnings data on Thursday. The transportation company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.05), Zacks reports. The company had revenue of $8.40 billion for the quarter, compared to the consensus estimate of $7.71 billion. Air France-KLM had a net margin of 2.47% and a negative return on equity of 53.38%.

Air France-KLM Price Performance

Shares of AFLYY opened at $1.22 on Friday. Air France-KLM has a one year low of $0.70 and a one year high of $1.25. The firm has a market capitalization of $3.19 billion, a P/E ratio of 3.12 and a beta of 1.58. The business has a fifty day moving average of $0.82 and a 200 day moving average of $0.86.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. Citigroup lowered Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Barclays lowered Air France-KLM from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 15th. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold”.

Air France-KLM Company Profile

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.