Aegean Airlines (ATH:AEGN) Third Quarter 2024 Results
Key Financial Results
- Revenue: €630.8m (down 3.5% from 3Q 2023).
- Net income: €108.3m (down 19% from 3Q 2023).
- Profit margin: 17% (down from 20% in 3Q 2023).
- EPS: €1.21.
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 5.6% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Airlines industry in Europe.
Performance of the market in Greece.
The company's shares are down 1.6% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Aegean Airlines that you should be aware of before investing here.
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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 ATSE:AEGN
Aegean Airlines
Operates as an airline company that engages in the provision of public airline transportation services in Greece and internationally.
Excellent balance sheet established dividend payer.
