Deutsche Lufthansa (OTCMKTS:DLAKY) Issues Earnings Results

Deutsche Lufthansa (OTCMKTS:DLAKY) announced its quarterly earnings data on Tuesday. The transportation company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.65, Zacks reports. Deutsche Lufthansa had a return on equity of 5.74% and a net margin of 1.63%.

Deutsche Lufthansa Price Performance

OTCMKTS DLAKY opened at $8.29 on Tuesday. The company has a 50-day moving average price of $8.59 and a two-hundred day moving average price of $9.50. The stock has a market cap of $9.97 billion, a price-to-earnings ratio of 12.37, a price-to-earnings-growth ratio of 0.55 and a beta of 0.97. The company has a current ratio of 0.86, a quick ratio of 0.78 and a debt-to-equity ratio of 1.02. Deutsche Lufthansa has a 52 week low of $7.82 and a 52 week high of $11.53.

Wall Street Analyst Weigh In

DLAKY has been the subject of a number of recent research reports. Zacks Research cut Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 1st. Citigroup lowered Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce”.

Deutsche Lufthansa Company Profile

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.