Deutsche Lufthansa Full Year 2024 Earnings: EPS Beats Expectations
Deutsche Lufthansa (ETR:LHA) Full Year 2024 Results
Key Financial Results
- Revenue: €37.6b (up 6.1% from FY 2023).
- Net income: €1.39b (down 28% from FY 2023).
- Profit margin: 3.7% (down from 5.4% in FY 2023).
- EPS: €1.16 (down from €1.61 in FY 2023).
LHA Operational Performance
- Available seat kilometres (ASK): 326.18b (up 8.5% from FY 2023).
- Passenger load factor: 83.1% (up from 82.9% in FY 2023).
- Total aircraft: 735 (up by 14 from FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Deutsche Lufthansa EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 34%.
The primary driver behind last 12 months revenue was the Passenger Airlines segment contributing a total revenue of €29.7b (79% of total revenue). Notably, cost of sales worth €30.5b amounted to 81% of total revenue thereby underscoring the impact on earnings.Over the last 12 months, the company's earnings were enhanced by non-operating gains of €123.0m. Explore how LHA's revenue and expenses shape its earnings.
Looking ahead, revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Airlines industry in Europe.
Performance of the market in Germany.
The company's shares are up 14% from a week ago.
Risk Analysis
What about risks? Every company has them, and we've spotted 3 warning signs for Deutsche Lufthansa you should know about.
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This article by Simply Wall St is general in nature. We provide commentary 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. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About XTRA:LHA
Deutsche Lufthansa
Operates as an aviation company in Germany and internationally.
Good value with adequate balance sheet.