Earnings Alerts

Turk Hava Yollari Ao (THYAO) Earnings Show Surge in April Passengers, Promising Upward Trend Continues Unabated

  • In April, Turkish Airlines had a total of 7 million passengers, which is a 6.9% increase compared to the same period last year.
  • The passenger load factor increased to 80.7% this year, slightly up from last year’s 79.9%.
  • Out of the total 7 million passengers, 2.76 million were domestic passengers which is 11% more than the same period last year.
  • International passengers of Turkish Airlines in April amounted to 4.25 million, marking a 4.7% increase year-on-year.
  • The airline received 17 buy ratings, 2 hold ratings, and no sell ratings.

A look at Turk Hava Yollari Ao Smart Scores

FactorScoreMagnitude
Value5
Dividend1
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, Turk Hava Yollari Ao, commonly known as Turkish Airlines, shows a promising long-term outlook. With a strong Value score of 5, the company is considered to have attractive valuation metrics. In terms of Growth, it scores a high 5, indicating potential for expansion and increasing market share. Although the Dividend score is low at 1, suggesting limited dividend returns, Turk Hava Yollari Ao demonstrates solid Momentum with a score of 4, reflecting positive price trends and investor sentiment. However, the company’s Resilience score of 2 implies some vulnerability to external economic conditions.

Turk Hava Yollari Ao, also known as Turkish Airlines, is a key player in the air transportation industry, offering passenger and cargo services across various regions including the Middle East, North America, Europe, Asia, North Africa, and South Africa. With a generally positive outlook supported by high scores in Value and Growth, the company may be well-positioned for future growth and value creation, despite its lower Resilience and Dividend scores. Investors may find Turk Hava Yollari Ao an intriguing opportunity for potential long-term returns based on the Smartkarma Smart Scores assessment.


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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