LATAM Airlines Group Full Year 2024 Earnings: EPS: US$0.002 (vs US$0.001 in FY 2023)
LATAM Airlines Group (SNSE:LTM) Full Year 2024 Results
Key Financial Results
- Revenue: US$12.8b (up 10% from FY 2023).
- Net income: US$977.0m (up 68% from FY 2023).
- Profit margin: 7.6% (up from 5.0% in FY 2023). The increase in margin was driven by higher revenue.
- EPS: US$0.002 (up from US$0.001 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
LATAM Airlines Group Earnings Insights
Looking ahead, revenue is forecast to grow 7.1% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Global Airlines industry.
Performance of the market in Chile.
The company's shares are up 6.7% from a week ago.
Risk Analysis
Before we wrap up, we've discovered 2 warning signs for LATAM Airlines Group (1 can't be ignored!) that you should be aware of.
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About SNSE:LTM
LATAM Airlines Group
Provides passenger and cargo air transportation services in Chile, Peru, Ecuador, Colombia, Brazil, other Latin American countries, the Caribbean, North America, Europe, and Oceania.
Undervalued with solid track record.