Amadeus IT Group (AMADY) to Release Quarterly Earnings on Friday

Amadeus IT Group (OTCMKTS:AMADY) is anticipated to issue its resultson Friday, May 8th. Analysts expect the company to announce earnings of $0.94 per share and revenue of $1.9160 billion for the quarter.

Amadeus IT Group (OTCMKTS:AMADY) last issued its quarterly earnings data on Friday, February 27th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.08. Amadeus IT Group had a net margin of 20.45% and a return on equity of 27.61%. The firm had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $1.89 billion. On average, analysts expect Amadeus IT Group to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Amadeus IT Group Price Performance

OTCMKTS AMADY opened at $56.60 on Wednesday. Amadeus IT Group has a fifty-two week low of $54.75 and a fifty-two week high of $85.89. The stock’s 50-day moving average is $58.87 and its two-hundred day moving average is $67.08. The firm has a market cap of $25.50 billion, a P/E ratio of 16.70, a price-to-earnings-growth ratio of 2.21 and a beta of 0.77. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.82 and a quick ratio of 0.82.

Analyst Upgrades and Downgrades

Separately, Citigroup lowered Amadeus IT Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Amadeus IT Group Company Profile

Amadeus IT Group is a global travel-technology company that develops and supplies software and IT services for the travel and tourism industry. Founded in the late 1980s as a technology venture by a group of European airlines, Amadeus has evolved into an integrated provider of distribution, passenger service systems and operations software used across the travel value chain. The company’s platforms support booking, ticketing, departure control, inventory and other core travel transaction functions for industry participants.

Amadeus’s product offering spans a global distribution system used by travel agencies and online travel sellers, airline passenger service systems (notably the Altéa suite), airport operations and departure control solutions, as well as software for hotels, rail operators and car rental companies.