Air China (OTCMKTS:AIRYY) Issues Earnings Results

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

Air China Stock Performance

Shares of Air China stock traded up $0.64 during trading on Friday, hitting $13.61. 267 shares of the company’s stock traded hands, compared to its average volume of 777. The business has a 50-day simple moving average of $12.56 and a 200-day simple moving average of $11.70. The stock has a market capitalization of $11.29 billion, a P/E ratio of -151.21 and a beta of 0.36. Air China has a 1 year low of $7.51 and a 1 year high of $14.40. The company has a debt-to-equity ratio of 3.46, a current ratio of 0.27 and a quick ratio of 0.23.

Air China Company Profile

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.