International Consolidated Airlines Group (OTCMKTS:ICAGY) Announces Quarterly Earnings Results

International Consolidated Airlines Group (OTCMKTS:ICAGY) posted its quarterly earnings data on Friday. The transportation company reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.79, Zacks reports. International Consolidated Airlines Group had a return on equity of 115.72% and a net margin of 8.98%.

International Consolidated Airlines Group Price Performance

Shares of International Consolidated Airlines Group stock opened at $9.91 on Friday. International Consolidated Airlines Group has a 1-year low of $4.06 and a 1-year high of $10.34. The firm’s 50-day moving average price is $9.36 and its two-hundred day moving average price is $8.26. The company has a current ratio of 0.78, a quick ratio of 0.75 and a debt-to-equity ratio of 2.25. The stock has a market capitalization of $23.13 billion, a price-to-earnings ratio of 3.49, a P/E/G ratio of 0.85 and a beta of 2.23.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein upgraded International Consolidated Airlines Group from a “market perform” rating to an “outperform” rating in a research report on Thursday, June 26th.

About International Consolidated Airlines Group

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.