Deutsche Lufthansa (DLAKY) to Release Quarterly Earnings on Tuesday

Deutsche Lufthansa (OTCMKTS:DLAKY) will likely be issuing its quarterly earnings data before the market opens on Tuesday, July 29th. Analysts expect the company to announce earnings of $0.54 per share and revenue of $11.81 billion for the quarter.

Deutsche Lufthansa (OTCMKTS:DLAKY) last posted its quarterly earnings results on Tuesday, April 29th. The transportation company reported ($0.78) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.17). Deutsche Lufthansa had a return on equity of 12.11% and a net margin of 3.31%. The business had revenue of $9.25 billion during the quarter, compared to the consensus estimate of $7.93 billion. On average, analysts expect Deutsche Lufthansa to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Deutsche Lufthansa Trading Up 0.9%

Deutsche Lufthansa stock opened at $9.05 on Friday. The firm’s 50-day moving average is $8.25 and its 200-day moving average is $7.47. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.72 and a current ratio of 0.80. Deutsche Lufthansa has a 1 year low of $5.69 and a 1 year high of $9.08. The company has a market cap of $10.84 billion, a P/E ratio of 7.94, a PEG ratio of 1.75 and a beta of 1.16.

Deutsche Lufthansa Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, May 16th. Stockholders of record on Friday, May 9th were given a $0.2226 dividend. This is an increase from Deutsche Lufthansa’s previous dividend of $0.22. This represents a dividend yield of 3.09%. The ex-dividend date was Thursday, May 8th. Deutsche Lufthansa’s dividend payout ratio (DPR) is presently 19.30%.

Analyst Ratings Changes

Separately, Sanford C. Bernstein downgraded shares of Deutsche Lufthansa from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 2nd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold”.

About Deutsche Lufthansa

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.