Air France-KLM (AFLYY) Expected to Announce Earnings on Thursday

Air France-KLM (OTCMKTS:AFLYY) is expected to announce its resultson Thursday, July 30th. Analysts expect Air France-KLM to announce earnings of $0.05 per share and revenue of $10.5118 billion for the quarter.

Air France-KLM (OTCMKTS:AFLYY) last posted its quarterly earnings data on Thursday, April 30th. The transportation company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.08). The firm had revenue of $8.77 billion during the quarter, compared to analyst estimates of $8.77 billion. Air France-KLM had a net margin of 4.77% and a return on equity of 71.16%. On average, analysts expect Air France-KLM to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Air France-KLM Stock Performance

OTCMKTS:AFLYY opened at $1.29 on Thursday. The company has a market cap of $3.39 billion, a P/E ratio of 1.98, a P/E/G ratio of 0.22 and a beta of 1.39. Air France-KLM has a twelve month low of $0.99 and a twelve month high of $1.76. The company’s 50-day moving average price is $1.35 and its 200-day moving average price is $1.26. The company has a current ratio of 0.72, a quick ratio of 0.66 and a debt-to-equity ratio of 4.26.

Wall Street Analyst Weigh In

AFLYY has been the subject of several recent analyst reports. Zacks Research cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Kepler Capital Markets downgraded Air France-KLM from a “hold” rating to a “reduce” rating in a research report on Friday, July 17th. Morgan Stanley reaffirmed an “overweight” rating on shares of Air France-KLM in a research note on Wednesday, July 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Air France-KLM in a research report on Monday, June 22nd. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold”.

Air France-KLM Company Profile

Air France-KLM is a leading European airline group formed in 2004 through the merger of France’s flagship carrier Air France and the Netherlands’ national airline KLM Royal Dutch Airlines. Headquartered in Paris and Amstelveen, the group provides passenger, cargo and maintenance services across a global network, connecting major hubs in Europe, North America, Asia, Africa and Latin America.

The company’s primary business activities include scheduled passenger transport on short, medium and long-haul routes; air freight operations under Air France-KLM Cargo; and technical support and maintenance services through AFI KLM E&M.