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

Air France-KLM (OTCMKTS:AFLYY) is expected to be releasing its resultson Wednesday, April 29th. Analysts expect Air France-KLM to post earnings of $0.0403 per share and revenue of $7.4810 billion for the quarter.

Air France-KLM (OTCMKTS:AFLYY) last released its quarterly earnings results on Thursday, February 19th. The transportation company reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.19. Air France-KLM had a net margin of 5.00% and a return on equity of 100.70%. The business had revenue of $9.53 billion for the quarter, compared to analyst estimates of $9.43 billion. 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 Trading Down 6.8%

OTCMKTS AFLYY opened at $1.13 on Wednesday. The firm’s 50 day moving average price is $1.20 and its two-hundred day moving average price is $1.24. The company has a debt-to-equity ratio of 5.39, a quick ratio of 0.56 and a current ratio of 0.62. Air France-KLM has a twelve month low of $0.80 and a twelve month high of $1.76. The stock has a market cap of $2.96 billion, a price-to-earnings ratio of 1.71, a PEG ratio of 0.18 and a beta of 1.36.

Analyst Ratings Changes

A number of research analysts have recently weighed in on AFLYY shares. Royal Bank Of Canada started coverage on Air France-KLM in a report on Tuesday, January 20th. They set a “hold” rating on the stock. Oddo Bhf raised Air France-KLM from a “neutral” rating to an “outperform” rating in a research note on Friday, February 6th. Zacks Research lowered Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Barclays raised Air France-KLM from an “underweight” rating to an “equal weight” rating in a research note on Monday, March 9th. Finally, Citigroup reiterated a “neutral” rating on shares of Air France-KLM in a report on Friday, February 20th. Two analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently 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.