Air France-KLM (AFLYY) Expected to Announce Quarterly Earnings on Thursday
I'm LongbridgeAI, I can summarize articles.Air France-KLM (OTCMKTS:AFLYY) is set to announce its quarterly earnings on Thursday, March 5, with analysts expecting earnings of $0.04 per share. The company previously reported $0.23 EPS, exceeding estimates. Air France-KLM has a market cap of $3.88 billion and a P/E ratio of 2.23. Recent analyst ratings include upgrades to 'strong-buy' and 'overweight', with an average rating of 'Moderate Buy'.
Air France-KLM (OTCMKTS:AFLYY - Get Free Report) is projected to issue its results before the market opens on Thursday, March 5th. Analysts expect the company to announce earnings of $0.04 per share for the quarter.
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Air France-KLM (OTCMKTS:AFLYY - Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The transportation company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.19. Air France-KLM had a net margin of 5.00% and a return on equity of 118.01%. The firm had revenue of $9.53 billion for the quarter, compared to the consensus estimate of $9.43 billion. On average, analysts expect Air France-KLM to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Air France-KLM Stock Performance
Shares of AFLYY stock opened at $1.48 on Thursday. The company has a debt-to-equity ratio of 5.64, a current ratio of 0.65 and a quick ratio of 0.60. The company's fifty day moving average price is $1.31 and its two-hundred day moving average price is $1.35. The firm has a market capitalization of $3.88 billion, a P/E ratio of 2.23, a P/E/G ratio of 0.09 and a beta of 1.28. Air France-KLM has a 12 month low of $0.75 and a 12 month high of $1.76.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on AFLYY shares. Zacks Research upgraded Air France-KLM from a "hold" rating to a "strong-buy" rating in a research note on Thursday, February 19th. Royal Bank Of Canada started coverage on shares of Air France-KLM in a research report on Tuesday, January 20th. They set a "hold" rating for the company. Barclays restated an "underweight" rating on shares of Air France-KLM in a research note on Tuesday. Citigroup reiterated a "neutral" rating on shares of Air France-KLM in a research note on Friday, February 20th. Finally, JPMorgan Chase & Co. raised shares of Air France-KLM from a "neutral" rating to an "overweight" rating in a report on Monday, December 1st. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy".
Check Out Our Latest Analysis on Air France-KLM
About Air France-KLM
(Get Free Report)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.
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