Air China (OTCMKTS:AIRYY – Get Free Report) will likely be releasing its resultson Wednesday, April 29th. Analysts expect Air China to post earnings of ($0.4905) per share and revenue of $3.5638 billion for the quarter.
Air China (OTCMKTS:AIRYY – Get Free Report) last released its quarterly earnings data on Friday, March 27th. The transportation company reported ($0.61) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.70). The business had revenue of $12.63 billion during the quarter, compared to analyst estimates of $12.63 billion. Air China had a negative net margin of 1.05% and a negative return on equity of 4.57%.
Air China Price Performance
AIRYY stock opened at $13.30 on Monday. The company has a current ratio of 0.30, a quick ratio of 0.26 and a debt-to-equity ratio of 4.13. The firm has a market capitalization of $11.60 billion, a PE ratio of -44.33 and a beta of 0.04. Air China has a 1-year low of $11.50 and a 1-year high of $19.00. The business’s 50 day simple moving average is $14.76 and its 200 day simple moving average is $16.02.
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About Air China
Air China Limited, trading on the OTCMKTS as AIRYY, is the flag carrier of the People’s Republic of China and one of the country’s major state-owned airlines. Established in 1988 following the restructuring of the Civil Aviation Administration of China (CAAC), Air China offers a broad range of air transportation services for passengers and cargo. Its core operations include scheduled domestic flights, international and regional routes, as well as charter services.
The airline operates a diverse fleet of Airbus and Boeing aircraft, serving more than 200 destinations across six continents.
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