Amadeus IT Group (OTCMKTS:AMADY) Issues Earnings Results, Beats Estimates By $0.14 EPS

Amadeus IT Group (OTCMKTS:AMADY - Get Free Report) posted its quarterly earnings data on Friday. The company reported $0.76 EPS for the quarter, topping analysts' consensus estimates of $0.62 by $0.14, Zacks reports. Amadeus IT Group had a return on equity of 27.30% and a net margin of 20.20%. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion.

Amadeus IT Group Trading Up 2.0 %

OTCMKTS AMADY traded up $1.45 on Monday, hitting $74.95. 58,169 shares of the company were exchanged, compared to its average volume of 53,656. Amadeus IT Group has a twelve month low of $58.51 and a twelve month high of $76.04. The company's 50 day moving average price is $71.88 and its 200-day moving average price is $71.14. The firm has a market capitalization of $33.76 billion, a P/E ratio of 25.32, a price-to-earnings-growth ratio of 2.24 and a beta of 1.27. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.85 and a quick ratio of 0.85.

Amadeus IT Group Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, February 3rd. Investors of record on Thursday, January 16th were paid a $0.3706 dividend. The ex-dividend date of this dividend was Thursday, January 16th. Amadeus IT Group's dividend payout ratio is currently 23.70%.

Analyst Ratings Changes

A number of research firms recently commented on AMADY. Sanford C. Bernstein downgraded shares of Amadeus IT Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, November 19th. Hsbc Global Res upgraded Amadeus IT Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, January 9th.

Amadeus IT Group Company Profile

Amadeus IT Group, SA, together with its subsidiaries, operates as a transaction processor for the travel and tourism industry worldwide. The company operates through three segments: Air Distribution, Air IT Solutions, and Hospitality & Other Solutions. The company acts as an international network providing real-time search, pricing, booking, and ticketing services, and other processing solutions through Amadeus GDS, Altéa PSS, and New Skies platforms.