Air France-KLM (OTCMKTS:AFLYY - Get Free Report) issued its quarterly earnings results on Thursday. The transportation company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.05), Zacks reports. Air France-KLM had a net margin of 2.47% and a negative return on equity of 53.38%. The business had revenue of $8.40 billion during the quarter, compared to analysts' expectations of $7.71 billion.
Air France-KLM Stock Down 3.7 %
Shares of OTCMKTS AFLYY traded down $0.05 during trading on Monday, reaching $1.17. 59,868 shares of the stock were exchanged, compared to its average volume of 67,850. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 3.00 and a beta of 1.58. The business's 50-day moving average price is $0.83 and its 200 day moving average price is $0.87. Air France-KLM has a twelve month low of $0.70 and a twelve month high of $1.25.
Wall Street Analysts Forecast Growth
Several brokerages have issued reports on AFLYY. Barclays lowered Air France-KLM from a "hold" rating to a "strong sell" rating in a report on Wednesday, January 15th. Morgan Stanley reaffirmed an "underweight" rating on shares of Air France-KLM in a research report on Friday. Finally, Citigroup cut Air France-KLM from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".
Read Our Latest Analysis on Air France-KLM
About Air France-KLM
(
Get Free Report)
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.
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