Deutsche Lufthansa (OTCMKTS:DLAKY) Releases Quarterly Earnings Results, Beats Expectations By $0.23 EPS

Deutsche Lufthansa (OTCMKTS:DLAKY) released its earnings results on Thursday. The transportation company reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.25 by $0.23, Zacks reports. Deutsche Lufthansa had a net margin of 2.46% and a return on equity of 11.33%.

Deutsche Lufthansa Trading Up 8.6 %

Shares of DLAKY stock traded up $0.61 during trading hours on Thursday, hitting $7.74. The company had a trading volume of 154,038 shares, compared to its average volume of 120,158. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.82 and a quick ratio of 0.77. The stock has a market capitalization of $9.27 billion, a PE ratio of 9.33, a price-to-earnings-growth ratio of 1.07 and a beta of 1.20. The company’s fifty day moving average is $6.53 and its 200 day moving average is $6.69. Deutsche Lufthansa has a fifty-two week low of $5.69 and a fifty-two week high of $8.16.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on DLAKY shares. Sanford C. Bernstein upgraded Deutsche Lufthansa from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 12th. Citigroup raised Deutsche Lufthansa from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, January 8th. Three equities research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.