Air France-KLM (AFLYY) to Release Earnings on Wednesday

Air France-KLM (OTCMKTS:AFLYY) is expected to be posting its resultson Wednesday, April 29th. Analysts expect Air France-KLM to post earnings of $0.0403 per share and revenue of $7.4810 billion for the quarter.

Air France-KLM (OTCMKTS:AFLYY) last released its earnings results on Thursday, February 19th. The transportation company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.19. The firm had revenue of $9.53 billion during the quarter, compared to analysts’ expectations of $9.43 billion. Air France-KLM had a return on equity of 100.70% and a net margin of 5.00%. On average, analysts expect Air France-KLM to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Air France-KLM Price Performance

AFLYY stock opened at $1.08 on Monday. The stock has a 50-day moving average price of $1.18 and a two-hundred day moving average price of $1.24. The stock has a market cap of $2.84 billion, a PE ratio of 1.64, a price-to-earnings-growth ratio of 0.16 and a beta of 1.36. The company has a current ratio of 0.62, a quick ratio of 0.56 and a debt-to-equity ratio of 5.39. Air France-KLM has a 1 year low of $0.81 and a 1 year high of $1.76.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AFLYY shares. Zacks Research cut Air France-KLM from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Royal Bank Of Canada started coverage on Air France-KLM in a report on Tuesday, January 20th. They issued a “hold” rating for the company. Oddo Bhf upgraded Air France-KLM from a “neutral” rating to an “outperform” rating in a report on Friday, February 6th. Barclays upgraded Air France-KLM from an “underweight” rating to an “equal weight” rating in a report on Monday, March 9th. Finally, Citigroup restated a “neutral” rating on shares of Air France-KLM in a report on Friday, February 20th. Two equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

About Air France-KLM

Air France-KLM is a leading European airline group formed in 2004 through the merger of France’s flagship carrier Air France and the Netherlands’ national airline KLM Royal Dutch Airlines. Headquartered in Paris and Amstelveen, the group provides passenger, cargo and maintenance services across a global network, connecting major hubs in Europe, North America, Asia, Africa and Latin America.

The company’s primary business activities include scheduled passenger transport on short, medium and long-haul routes; air freight operations under Air France-KLM Cargo; and technical support and maintenance services through AFI KLM E&M.