International Consolidated Airlines Group S.A. (OTCMKTS:ICAGY – Get Free Report) rose 1.4% during trading on Monday . The stock traded as high as $4.50 and last traded at $4.45. Approximately 55,319 shares changed hands during trading, a decline of 20% from the average daily volume of 69,395 shares. The stock had previously closed at $4.39.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada upgraded International Consolidated Airlines Group from a “sector perform” rating to an “outperform” rating in a research note on Thursday, March 21st.
Check Out Our Latest Research Report on International Consolidated Airlines Group
International Consolidated Airlines Group Price Performance
International Consolidated Airlines Group (OTCMKTS:ICAGY – Get Free Report) last issued its quarterly earnings results on Friday, May 10th. The transportation company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.06). International Consolidated Airlines Group had a net margin of 9.14% and a return on equity of 197.29%. The business had revenue of $6.98 billion during the quarter, compared to the consensus estimate of $6.95 billion. As a group, equities research analysts expect that International Consolidated Airlines Group S.A. will post 0.95 earnings per share for the current fiscal year.
About International Consolidated Airlines Group
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.
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