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

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

Air China Trading Up 5.0 %

Shares of Air China stock traded up $0.64 during mid-day trading on Friday, hitting $13.61. 267 shares of the stock were exchanged, compared to its average volume of 777. The stock has a market capitalization of $11.29 billion, a price-to-earnings ratio of -151.21 and a beta of 0.36. Air China has a twelve month low of $7.51 and a twelve month high of $14.40. The company has a current ratio of 0.27, a quick ratio of 0.23 and a debt-to-equity ratio of 3.46. The company has a 50-day simple moving average of $12.56 and a 200 day simple moving average of $11.70.

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.