Earnings Alerts

China Eastern Airlines (670) Earnings: July Passenger Traffic Surges by 9.42%, Load Factor Improves

  • China Eastern Airlines saw a significant increase in passenger traffic in July, with a rise of 9.42% compared to the previous year.
  • The passenger load factor, which measures how full the flights are, was 84.8% in July, an improvement over the 83.2% recorded last year.
  • In terms of analyst opinions, there are currently 7 buy recommendations, 2 holds, and 5 sell ratings for China Eastern Airlines.
  • The comparisons made are based on the company’s original disclosures from previous results.

A look at China Eastern Airlines Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts at Smartkarma have provided an overall outlook for China Eastern Airlines, with scores ranging from 1 to 5 across different factors. Based on these scores, it can be inferred that the company has a positive long-term outlook. With a high Growth score of 5, China Eastern Airlines is poised for substantial expansion and development in the coming years. This is supported by a solid Value score of 4, indicating that the company is considered to be trading at an attractive valuation.

Though the company may not be focused on dividends, as reflected by the low Dividend score of 1, its Momentum score of 4 suggests that there is positive market sentiment and performance trends surrounding China Eastern Airlines. However, the Resilience score of 2 indicates a moderate level of resilience to external market fluctuations. Overall, despite some mixed scores, the company’s strong growth potential and value proposition position it well for the future.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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