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

Air China (OTCMKTS:AIRYY) announced 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. The firm had revenue of $11.54 billion during the quarter, compared to analyst estimates of $38.59 billion. Air China had a negative return on equity of 1.16% and a negative net margin of 0.26%.

Air China Stock Performance

OTCMKTS AIRYY traded up $0.64 during trading on Friday, reaching $13.61. The company’s stock had a trading volume of 267 shares, compared to its average volume of 777. Air China has a 12 month low of $7.51 and a 12 month high of $14.40. The firm has a 50 day moving average price of $12.56 and a 200 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. The firm has a market capitalization of $11.29 billion, a price-to-earnings ratio of -151.21 and a beta of 0.36.

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.