Air France-KLM (OTCMKTS:AFLYY) Announces Quarterly Earnings Results

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

Air France-KLM Stock Down 0.3 %

AFLYY opened at $1.22 on Friday. The stock has a market cap of $3.19 billion, a PE ratio of 3.12 and a beta of 1.58. The business has a 50 day moving average of $0.82 and a 200-day moving average of $0.86. Air France-KLM has a 52 week low of $0.70 and a 52 week high of $1.25.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Barclays cut Air France-KLM from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 15th. Citigroup cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 8th. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

About Air France-KLM

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.