Air China (OTCMKTS:AIRYY) Releases Quarterly Earnings Results, Misses Expectations By $0.26 EPS

Air China (OTCMKTS:AIRYY) posted its quarterly earnings results on Friday. The transportation company reported ($0.29) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.26), Zacks reports. Air China had a negative return on equity of 1.16% and a negative net margin of 0.26%. The business had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $38.59 billion.

Air China Trading Up 5.0 %

Shares of Air China stock traded up $0.64 on Friday, hitting $13.61. 267 shares of the company’s stock traded hands, compared to its average volume of 777. The firm’s 50-day moving average price is $12.56 and its two-hundred day moving average price is $11.70. The company has a debt-to-equity ratio of 3.46, a current ratio of 0.27 and a quick ratio of 0.23. The stock has a market capitalization of $11.29 billion, a PE ratio of -151.21 and a beta of 0.36. Air China has a one year low of $7.51 and a one year high of $14.40.

Air China Company Profile

Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, China, and internationally. The company operates in Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services.