- Chorus Aviation‘s adjusted EBITDA from continuing operations for the second quarter was CA$51.3 million, matching the estimates and representing a slight increase of 0.6% year-over-year.
- The company’s operating revenue for the same period was CA$324.6 million, reflecting a decrease of 7.6% compared to the previous year and falling short of the estimated CA$350 million.
- Adjusted net income from continuing operations saw a significant growth of 53% year-over-year, amounting to CA$17.2 million.
- Analyst recommendations for Chorus Aviation include six buy ratings and one hold, with no sell ratings.
A look at Chorus Aviation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 1 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 2.6 |
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
Chorus Aviation, Inc., which operates a regional airline primarily for Air Canada, has received a mixed outlook based on the Smartkarma Smart Scores. While scoring well in terms of value and momentum with scores of 4, the company is facing challenges in other areas. With a low score of 1 for dividends and modest scores of 2 for growth and resilience, investors may need to carefully consider the long-term prospects of Chorus Aviation.
Although the company shows promise in terms of value and momentum, its lower scores in dividend, growth, and resilience may indicate potential risks in the future. Investors looking into Chorus Aviation should take into account these varying factors to make informed decisions on the company’s long-term performance and outlook.
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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