Deutsche Lufthansa (DLAKY) Set to Release Quarterly Earnings on Thursday

Deutsche Lufthansa (OTCMKTS:DLAKY) will likely be posting its results before the market opens on Thursday, October 29th. Analysts expect Deutsche Lufthansa to announce earnings of $0.8250 per share and revenue of $13.83 billion for the quarter.

Deutsche Lufthansa (OTCMKTS:DLAKY) last released its quarterly earnings results on Tuesday, August 4th. The transportation company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.21). Deutsche Lufthansa had a net margin of 1.63% and a return on equity of 5.74%. The firm had revenue of $12.84 billion for the quarter, compared to analysts’ expectations of $12.76 billion. On average, analysts expect Deutsche Lufthansa to post $0.93 EPS for the current fiscal year and $1.24 EPS for the next fiscal year.

Deutsche Lufthansa Trading Up 1.9%

DLAKY opened at $8.01 on Tuesday. Deutsche Lufthansa has a one year low of $7.82 and a one year high of $11.53. The stock has a market capitalization of $9.63 billion, a PE ratio of 11.96, a P/E/G ratio of 0.54 and a beta of 0.97. The business’s 50 day moving average price is $8.69 and its 200 day moving average price is $9.56. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.78 and a current ratio of 0.86.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Citigroup cut Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Zacks Research lowered Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, Deutsche Lufthansa presently has an average rating of “Reduce”.

About Deutsche Lufthansa

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.