International Consolidated Airlines Group (OTCMKTS:ICAGY) Posts Quarterly Earnings Results, Beats Expectations By $0.49 EPS

International Consolidated Airlines Group (OTCMKTS:ICAGYGet Free Report) released its quarterly earnings data on Friday. The transportation company reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.49, Zacks reports. International Consolidated Airlines Group had a return on equity of 112.24% and a net margin of 9.52%.

International Consolidated Airlines Group Price Performance

Shares of ICAGY stock traded down $0.67 during trading hours on Friday, hitting $11.48. 49,962 shares of the company’s stock were exchanged, compared to its average volume of 50,452. The stock’s 50-day moving average is $11.46 and its 200-day moving average is $10.81. The stock has a market cap of $26.19 billion, a price-to-earnings ratio of 3.48, a price-to-earnings-growth ratio of 0.41 and a beta of 1.63. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.68 and a quick ratio of 0.65. International Consolidated Airlines Group has a 52 week low of $5.60 and a 52 week high of $12.36.

Wall Street Analyst Weigh In

Separately, Zacks Research raised International Consolidated Airlines Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Get Our Latest Stock Analysis on International Consolidated Airlines Group

International Consolidated Airlines Group Company Profile

(Get Free Report)

International Consolidated Airlines Group (OTCMKTS:ICAGY) is a Europe-focused airline holding company formed in 2011 through the combination of British Airways and Iberia. The group owns and operates a portfolio of passenger carriers that provide short-haul, long-haul and low-cost services, together with associated aviation businesses. Its operations span international and domestic markets, with extensive networks across Europe, transatlantic routes and links to Latin America and other global destinations.

IAG’s principal airline brands include British Airways, Iberia, Aer Lingus, Vueling and LEVEL.

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Earnings History for International Consolidated Airlines Group (OTCMKTS:ICAGY)

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