Air France-KLM (OTCMKTS:AFLYY) Issues Earnings Results

Air France-KLM (OTCMKTS:AFLYY) posted its quarterly earnings data on Thursday. The transportation company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.05), Zacks reports. Air France-KLM had a negative return on equity of 53.38% and a net margin of 2.47%.

Air France-KLM Trading Up 3.7 %

Air France-KLM stock traded up $0.03 during mid-day trading on Thursday, hitting $0.93. The stock had a trading volume of 148,984 shares, compared to its average volume of 48,597. The stock has a 50-day simple moving average of $0.81 and a two-hundred day simple moving average of $0.86. The stock has a market capitalization of $2.45 billion, a PE ratio of 2.39 and a beta of 1.61. Air France-KLM has a 12 month low of $0.70 and a 12 month high of $1.20.

Wall Street Analysts Forecast Growth

AFLYY has been the subject of several research analyst reports. Citigroup downgraded Air France-KLM from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Barclays cut Air France-KLM from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 15th. Two equities research analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Air France-KLM Company Profile

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services and aeronautical maintenance in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through three segments: Airframe maintenance, Engine Maintenance, and Component Support.