Deutsche Lufthansa (DLAKY) Projected to Announce Quarterly Earnings on Thursday

Deutsche Lufthansa (OTCMKTS:DLAKY) is projected to announce its resultson Thursday, July 30th. Analysts expect the company to post earnings of $0.34 per share and revenue of $12.7870 billion for the quarter.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings data on Wednesday, May 6th. The transportation company reported ($0.64) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.29) by ($0.35). The company had revenue of $10.28 billion during the quarter, compared to the consensus estimate of $10.29 billion. Deutsche Lufthansa had a net margin of 3.83% and a return on equity of 13.46%. On average, analysts expect Deutsche Lufthansa to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Deutsche Lufthansa Price Performance

Shares of Deutsche Lufthansa stock opened at $10.02 on Thursday. The stock has a market cap of $12.04 billion, a price-to-earnings ratio of 6.68, a price-to-earnings-growth ratio of 0.62 and a beta of 0.96. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.73 and a current ratio of 0.81. The stock has a 50 day moving average price of $10.14 and a 200-day moving average price of $9.85. Deutsche Lufthansa has a one year low of $7.91 and a one year high of $11.53.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on DLAKY. Barclays lowered Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a report on Friday, May 8th. Zacks Research raised shares of Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a research note on Monday, June 15th. Morgan Stanley cut shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, May 26th. Finally, Citigroup downgraded shares of Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce”.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG is a leading global aviation company headquartered in Cologne, Germany, and is recognized as one of the world’s largest airline groups. Founded in its modern form in 1953, the company traces its heritage back to the original Deutsche Luft Hansa established in 1926. Lufthansa operates passenger and cargo services under its flagship brand, as well as through numerous subsidiaries including Swiss International Air Lines, Austrian Airlines, Brussels Airlines and the low-cost carrier Eurowings.

The group’s passenger network spans Europe, the Americas, Asia, Africa and the Middle East, with primary hubs at Frankfurt Airport and Munich Airport.