Stock Analysis

Aegean Airlines Reports Second Quarter 2024 Earnings

ATSE:AEGN
Source: Shutterstock

Aegean Airlines (ATH:AEGN) Second Quarter 2024 Results

Key Financial Results

  • Net income: €23.3m (down 56% from 2Q 2023).
earnings-and-revenue-growth
ATSE:AEGN Earnings and Revenue Growth September 13th 2024

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

Aegean Airlines Earnings Insights

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Airlines industry in Europe.

Performance of the market in Greece.

The company's shares are down 6.7% from a week ago.

Valuation

Our analysis of Aegean Airlines based on 6 different valuation metrics shows it might be undervalued. You can access our in-depth analysis and discover what the outlook is like for the stock by clicking here.

New: Manage All Your Stock Portfolios in One Place

We've created the ultimate portfolio companion for stock investors, and it's free.

• Connect an unlimited number of Portfolios and see your total in one currency
• Be alerted to new Warning Signs or Risks via email or mobile
• Track the Fair Value of your stocks

Try a Demo Portfolio for Free

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.