Deutsche Lufthansa (OTCMKTS:DLAKY) Posts Earnings Results, Misses Expectations By $0.21 EPS

Deutsche Lufthansa (OTCMKTS:DLAKY) posted its earnings results on Tuesday. The transportation company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.21), Zacks reports. Deutsche Lufthansa had a net margin of 3.83% and a return on equity of 13.46%.

Deutsche Lufthansa Stock Performance

OTCMKTS:DLAKY opened at $10.71 on Tuesday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.73 and a current ratio of 0.81. The company has a fifty day moving average of $10.32 and a two-hundred day moving average of $9.84. The stock has a market capitalization of $12.87 billion, a PE ratio of 7.14, a P/E/G ratio of 0.64 and a beta of 0.96. Deutsche Lufthansa has a fifty-two week low of $7.91 and a fifty-two week high of $11.53.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Zacks Research raised shares of Deutsche Lufthansa from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Citigroup cut shares of Deutsche Lufthansa from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 8th. Morgan Stanley downgraded shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, May 26th. Finally, Barclays lowered shares of Deutsche Lufthansa from an “equal weight” rating to an “underweight” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Reduce”.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG is a leading global aviation company headquartered in Cologne, Germany, and is recognized as one of the world’s largest airline groups. Founded in its modern form in 1953, the company traces its heritage back to the original Deutsche Luft Hansa established in 1926. Lufthansa operates passenger and cargo services under its flagship brand, as well as through numerous subsidiaries including Swiss International Air Lines, Austrian Airlines, Brussels Airlines and the low-cost carrier Eurowings.

The group’s passenger network spans Europe, the Americas, Asia, Africa and the Middle East, with primary hubs at Frankfurt Airport and Munich Airport.