Deutsche Lufthansa (OTCMKTS:DLAKY) Releases Earnings Results, Beats Expectations By $0.65 EPS

Deutsche Lufthansa (OTCMKTS:DLAKY – Get Free Report) announced its quarterly earnings data on Tuesday. The transportation company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.82 by $0.65, Zacks reports. Deutsche Lufthansa had a return on equity of 10.15% and a net margin of 2.72%. The firm had revenue of $13.71 billion for the quarter, compared to analyst estimates of $13.69 billion.

Deutsche Lufthansa Stock Performance

OTCMKTS DLAKY opened at $9.18 on Thursday. The business has a 50 day moving average price of $8.58 and a 200 day moving average price of $9.49. The company has a market capitalization of $11.04 billion, a P/E ratio of 7.71, a PEG ratio of 0.60 and a beta of 1.17. Deutsche Lufthansa has a 1-year low of $7.82 and a 1-year high of $11.53. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.86 and a quick ratio of 0.78.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on DLAKY shares. Citigroup cut shares of Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Zacks Research downgraded shares of Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce”.

View Our Latest Report on DLAKY

About Deutsche Lufthansa

(Get Free Report)

Deutsche Lufthansa AG is a Germany-based aviation group and the parent company of the Lufthansa Group. Its principal business is the transportation of passengers and cargo through a portfolio of airlines serving domestic, European and international markets. The group’s major passenger carriers include Lufthansa, SWISS, Austrian Airlines, Brussels Airlines, Eurowings and Discover Airlines.

In addition to scheduled passenger flights, the Lufthansa Group provides air cargo services through Lufthansa Cargo and aircraft maintenance, repair and overhaul services through Lufthansa Technik.

See Also

Earnings History for Deutsche Lufthansa (OTCMKTS:DLAKY)

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