Earnings Alerts

Latam Airlines Group SA (LTM) Earnings Surge as May RPK Increases by 9.6% and Load Factor Reaches 83.1%

  • Latam Airlines reported a 9.6% increase in Revenue Passenger Kilometers (RPK) for May.
  • The airline carried 6.89 million passengers during the same period.
  • Available Seat Kilometers (ASK) saw an increase of 7.2%.
  • The load factor for Latam Airlines in May was 83.1%.
  • The current analyst consensus includes 10 “buy” ratings, with no “hold” or “sell” ratings.

A look at Latam Airlines Group SA Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.6

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

Based on Smartkarma Smart Scores, Latam Airlines Group SA holds a positive long-term outlook overall. The company received strong scores in Growth and Momentum, indicating promising prospects for expansion and market performance. With a focus on developing and advancing business operations, Latam Airlines Group SA is positioned favorably for future growth opportunities in the airline industry.

Despite receiving average scores in Value and Dividend, the company demonstrated resilience with a score of 3. This suggests that Latam Airlines Group SA has the ability to withstand challenges and navigate market uncertainties effectively. Combined with its high scores in Growth and Momentum, the company shows potential for continued success and development in the aviation sector.

### LATAM Airlines Group S.A. is an airline that provides both domestic and international flight services. The Company provides passenger and cargo services to destinations in Chile, South America, the Caribbean, Europe, North America, and the Pacific. LATAM Airlines operates passenger aircraft and cargo freighters. ###


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars