Deutsche Lufthansa (OTCMKTS:DLAKY) Announces Earnings Results, Beats Estimates By $0.23 EPS

Deutsche Lufthansa (OTCMKTS:DLAKY) released its earnings results on Thursday. The transportation company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.23, Zacks reports. Deutsche Lufthansa had a return on equity of 11.33% and a net margin of 2.46%.

Deutsche Lufthansa Stock Up 8.6 %

Shares of DLAKY stock traded up $0.61 during trading hours on Thursday, reaching $7.74. 154,038 shares of the stock were exchanged, compared to its average volume of 120,158. The business’s fifty day moving average is $6.53 and its two-hundred day moving average is $6.69. The firm has a market capitalization of $9.27 billion, a P/E ratio of 9.33, a P/E/G ratio of 1.07 and a beta of 1.20. Deutsche Lufthansa has a 12-month low of $5.69 and a 12-month high of $8.16. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.82 and a quick ratio of 0.77.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on DLAKY. Citigroup raised shares of Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. Sanford C. Bernstein raised shares of Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 12th. Three investment analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, Deutsche Lufthansa presently has a consensus rating of “Buy”.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.