- Latam Airlines reported a 10.8% year-over-year increase in Revenue Passenger Kilometers (RPK) for August.
- The total number of passengers carried by the airline in August was 7.69 million.
- Available Seat Kilometers (ASK) also grew, showing a 9.4% increase compared to the same period last year.
- The load factor, which measures the percentage of available seating capacity being utilized, was 85.4% for the month.
- Analyst ratings indicate a positive outlook on Latam Airlines, with 10 buy recommendations and no hold or sell ratings.
A look at Latam Airlines Group SA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
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
In assessing the long-term outlook for LATAM Airlines Group SA, the Smartkarma Smart Scores highlight a mixed picture. The company receives strong scores in Growth and Momentum, indicating positive prospects for future expansion and market performance. This suggests that LATAM Airlines Group SA is well-positioned for growth and has the potential to capitalize on market opportunities.
However, the scores for Value, Dividend, and Resilience are more moderate, suggesting areas where the company may face challenges or where investors may need to exercise caution. Despite these more moderate scores, the overall outlook for LATAM Airlines Group SA appears promising, particularly in terms of growth potential and momentum in the market.
### 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.
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