International Consolidated Airlines Group (OTCMKTS:ICAGY) Releases Earnings Results, Beats Estimates By $0.07 EPS

International Consolidated Airlines Group (OTCMKTS:ICAGY) posted its quarterly earnings data on Friday. The transportation company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.07, Zacks reports. International Consolidated Airlines Group had a return on equity of 138.31% and a net margin of 9.12%.

International Consolidated Airlines Group Trading Up 3.5 %

OTCMKTS ICAGY opened at $8.77 on Friday. International Consolidated Airlines Group has a fifty-two week low of $3.54 and a fifty-two week high of $9.11. The company has a debt-to-equity ratio of 2.71, a quick ratio of 0.67 and a current ratio of 0.70. The stock has a 50 day simple moving average of $8.08 and a two-hundred day simple moving average of $6.49. The stock has a market cap of $21.18 billion, a P/E ratio of 2.79, a price-to-earnings-growth ratio of 0.69 and a beta of 2.17.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on ICAGY shares. The Goldman Sachs Group cut International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Monday, February 10th. Sanford C. Bernstein cut International Consolidated Airlines Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 12th. Finally, Deutsche Bank Aktiengesellschaft upgraded International Consolidated Airlines Group from a “hold” rating to a “buy” rating in a report on Wednesday, December 11th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

International Consolidated Airlines Group Company Profile

International Consolidated Airlines Group SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, the United States, and rest of the world. It also provides aircraft leasing, aircraft maintenance, tour operation, air freight operations, call centre, ground handling, trustee, retail, IT, finance, procurement, storage and custody, aircraft technical assistance, human resources support, and airport infrastructure development services; and manages airline loyalty programmes.