Air China (OTCMKTS:AIRYY) Issues Quarterly Earnings Results, Misses Expectations By $0.26 EPS

Air China (OTCMKTS:AIRYY) posted its earnings results on Friday. The transportation company reported ($0.29) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.26), Zacks reports. The business had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $38.59 billion. Air China had a negative return on equity of 1.16% and a negative net margin of 0.26%.

Air China Stock Performance

Air China stock opened at $13.61 on Friday. Air China has a fifty-two week low of $7.51 and a fifty-two week high of $14.40. The company has a debt-to-equity ratio of 3.46, a quick ratio of 0.23 and a current ratio of 0.27. The stock has a market cap of $11.29 billion, a P/E ratio of -151.21 and a beta of 0.36. The firm’s fifty day moving average price is $12.56 and its 200-day moving average price is $11.72.

About Air China

Air China Limited, together with its subsidiaries, provides air passenger, air cargo, and airline-related services in Mainland China, Hong Kong, Macau, Taiwan, China, and internationally. The company operates in Airline Operations and Other Operations segments. It provides aircraft engineering and airport ground handling services.