Stock Analysis

Transat A.T First Quarter 2023 Earnings: EPS Beats Expectations

Source: Shutterstock

Transat A.T (TSE:TRZ) First Quarter 2023 Results

Key Financial Results

  • Revenue: CA$667.5m (up 230% from 1Q 2022).
  • Net loss: CA$56.6m (loss narrowed by 51% from 1Q 2022).
  • CA$1.49 loss per share (improved from CA$3.03 loss in 1Q 2022).
TSX:TRZ Earnings and Revenue Growth March 14th 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

Transat A.T EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%.

Looking ahead, revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Airlines industry in North America.

Performance of the market in Canada.

The company's shares are down 4.7% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Transat A.T (at least 1 which shouldn't be ignored), and understanding them should be part of your investment process.

Valuation is complex, but we're helping make it simple.

Find out whether Transat A.T is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis