Deutsche Lufthansa (OTCMKTS:DLAKY) Announces Earnings Results, Beats Estimates By $0.65 EPS

Deutsche Lufthansa (OTCMKTS:DLAKY – Get Free Report) announced its quarterly earnings data on Tuesday. The transportation company reported $1.47 EPS for the quarter, beating the consensus estimate of $0.82 by $0.65, Zacks reports. Deutsche Lufthansa had a return on equity of 5.74% and a net margin of 1.63%. The company had revenue of $13.71 billion for the quarter, compared to the consensus estimate of $13.69 billion.

Deutsche Lufthansa Stock Performance

DLAKY stock opened at $8.72 on Wednesday. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.86 and a quick ratio of 0.78. The business has a 50-day moving average price of $8.59 and a 200 day moving average price of $9.49. The company has a market capitalization of $10.48 billion, a P/E ratio of 13.01, a PEG ratio of 0.57 and a beta of 1.17. Deutsche Lufthansa has a 1-year low of $7.82 and a 1-year high of $11.53.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Citigroup downgraded Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Zacks Research cut shares of Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 1st. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and five have given a Sell rating to the company. According to MarketBeat, Deutsche Lufthansa presently has an average rating of “Reduce”.

Check Out Our Latest Stock Report on DLAKY

Deutsche Lufthansa Company Profile

(Get Free Report)

Deutsche Lufthansa AG is a Germany-based aviation group and the parent company of the Lufthansa Group. Its principal business is the transportation of passengers and cargo through a portfolio of airlines serving domestic, European and international markets. The group’s major passenger carriers include Lufthansa, SWISS, Austrian Airlines, Brussels Airlines, Eurowings and Discover Airlines.

In addition to scheduled passenger flights, the Lufthansa Group provides air cargo services through Lufthansa Cargo and aircraft maintenance, repair and overhaul services through Lufthansa Technik.

Featured Articles

• Five stocks we like better than Deutsche Lufthansa
• Shopify’s Small Q3 Miss Triggered a Big Sell-Off: What’s Next?
• Can Oil’s Big Rally Deliver Reliable Income? 3 Energy Plays to Watch
• Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
• Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?

Receive News & Ratings for Deutsche Lufthansa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Deutsche Lufthansa and related companies with MarketBeat.com's FREE daily email newsletter.