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) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.26), Zacks reports. The firm had revenue of $11.54 billion during the quarter, compared to analyst estimates of $38.59 billion. Air China had a negative net margin of 0.26% and a negative return on equity of 1.16%.

Air China Stock Performance

Shares of OTCMKTS:AIRYY traded up $0.64 during midday trading on Friday, hitting $13.61. The stock had a trading volume of 267 shares, compared to its average volume of 777. The company has a market capitalization of $11.29 billion, a PE 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 stock has a 50 day moving average price of $12.56 and a two-hundred day moving average price of $11.70. The company has a current ratio of 0.27, a quick ratio of 0.23 and a debt-to-equity ratio of 3.46.

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.